Marui Group (OTCMKTS:MAURY) Shares Gap Down – Here’s Why

Marui Group Co. (OTCMKTS:MAURY)’s share price gapped down before the market opened on Friday . The stock had previously closed at $41.44, but opened at $38.8330. Marui Group shares last traded at $38.8330, with a volume of 314 shares.

Marui Group Trading Down 6.3%

The company has a debt-to-equity ratio of 2.04, a current ratio of 2.26 and a quick ratio of 2.26. The business has a 50 day simple moving average of $39.57 and a 200 day simple moving average of $40.63. The company has a market cap of $3.51 billion, a price-to-earnings ratio of 17.98 and a beta of 0.07.

Marui Group (OTCMKTS:MAURY) last released its earnings results on Tuesday, November 11th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.40 by $0.09. The company had revenue of $448.09 million during the quarter, compared to analysts’ expectations of $442.04 million. Marui Group had a return on equity of 11.60% and a net margin of 10.97%.

About Marui Group

Marui Group Co, Ltd. operates a diversified business combining retail and financial services in Japan. Its retail segment manages department stores under the Marui and OIOI brand names, offering apparel, accessories and lifestyle goods. Through a network of urban storefronts in locations such as Tokyo, Osaka and Nagoya, alongside an expanding e-commerce platform, Marui Group targets a youthful demographic with trend-focused merchandise and seasonal collaborations.

The company’s financial services arm is centered on the Epos Card, a credit card and loyalty program that provides point-based rewards, installment payment options and special member benefits.