Marubeni (OTCMKTS:MARUY) Shares Gap Down – Should You Sell?

Shares of Marubeni Corp. (OTCMKTS:MARUY) gapped down before the market opened on Thursday . The stock had previously closed at $346.98, but opened at $331.20. Marubeni shares last traded at $332.0850, with a volume of 495 shares.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on MARUY shares. The Goldman Sachs Group downgraded Marubeni from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 6th. Zacks Research raised Marubeni from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 25th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, Marubeni has an average rating of “Hold”.

Marubeni Stock Down 4.0%

The firm has a market cap of $54.87 billion, a P/E ratio of 15.13, a price-to-earnings-growth ratio of 1.87 and a beta of 0.58. The stock’s 50 day simple moving average is $363.36 and its 200 day simple moving average is $326.49. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.02 and a current ratio of 1.42.

Marubeni (OTCMKTS:MARUY) last announced its quarterly earnings results on Friday, May 1st. The conglomerate reported $4.33 EPS for the quarter, missing analysts’ consensus estimates of $4.58 by ($0.25). The business had revenue of $13.36 billion for the quarter, compared to the consensus estimate of $14.83 billion. Marubeni had a net margin of 6.60% and a return on equity of 13.45%. Research analysts anticipate that Marubeni Corp. will post 24.62 EPS for the current 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.