Marubeni (OTCMKTS:MARUY) Sees Large Volume Increase – Time to Buy?

Shares of Marubeni Corp. (OTCMKTS:MARUY) saw unusually-strong trading volume on Thursday . Approximately 32,430 shares changed hands during mid-day trading, an increase of 35% from the previous session’s volume of 23,961 shares.The stock last traded at $371.80 and had previously closed at $375.90.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Zacks Research lowered shares of Marubeni from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 27th. The Goldman Sachs Group started coverage on Marubeni in a research report on Tuesday, January 6th. They set a “buy” rating for the company. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.

Marubeni Price Performance

The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.04 and a current ratio of 1.42. The firm has a market cap of $61.23 billion, a PE ratio of 17.90, a P/E/G ratio of 1.91 and a beta of 0.60. The stock’s fifty day moving average price is $319.43 and its 200-day moving average price is $270.14.

Marubeni (OTCMKTS:MARUY) last released its earnings results on Wednesday, February 4th. The conglomerate reported $5.01 EPS for the quarter, missing the consensus estimate of $5.39 by ($0.38). Marubeni had a return on equity of 13.19% and a net margin of 6.21%.The firm had revenue of $12.64 billion during the quarter, compared to analysts’ expectations of $12.83 billion. As a group, equities analysts forecast that Marubeni Corp. will post 19.54 EPS for the current fiscal year.

Marubeni Company Profile

Marubeni Corporation (OTCMKTS:MARUY) is a major Japanese sogo shosha, or integrated trading and investment company, headquartered in Tokyo. The firm conducts a broad range of commercial activities that span commodity trading, project development, investment and financing, and supply-chain services. Marubeni operates through a network of subsidiaries, joint ventures and branch offices to support cross-border trade and large-scale industrial projects.

The company’s activities cover a wide set of industry sectors, including energy and power, metals and minerals, chemicals and industrial materials, food and consumer products, transportation and industrial machinery, and infrastructure.