Marubeni Co. Sees Significant Decline in Short Interest

Marubeni Co. (OTCMKTS:MARUY - Get Free Report) experienced a notable decrease in short interest during January. As of January 31st, the short interest stood at 12,600 shares, reflecting a significant drop of 29.6% from the January 15th total of 17,900 shares. With an average trading volume of 70,700 shares, the current short-interest ratio is calculated to be 0.2 days.

Marubeni Stock Performance

On Friday, during midday trading, Marubeni's stock price fell by 0.6%, reaching $153.58. A total of 8,776 shares were traded, which is relatively lower than its average volume of 26,960 shares. Over the past year, Marubeni has seen a low of $133.75 and a high of $203.84. The company holds a debt-to-equity ratio of 0.58, with a quick ratio of 1.05 and a current ratio of 1.43. As of now, Marubeni has a market capitalization of $25.51 billion, a price-to-earnings ratio of 7.40, and a price-to-earnings-growth ratio of 2.30, while its beta is 0.88. The fifty-day moving average price is at $148.31, and the two-hundred-day moving average price is $156.42.

Recent Earnings Results

Marubeni (OTCMKTS:MARUY - Get Free Report) announced its quarterly earnings results on February 5th. The conglomerate reported earnings per share (EPS) of $7.39 for the quarter. Marubeni has a net margin of 6.94% and a return on equity of 14.44%. Analysts predict that Marubeni will achieve an EPS of 19.54 for the current fiscal year.

About Marubeni Corporation

Marubeni Corporation is involved in a wide range of business activities. Its operations include the manufacturing, wholesaling, and retailing of apparel, footwear, home furnishings, sporting goods, industrial and textile materials, tire and rubber products, as well as household and nursing care items. Additionally, the company engages in the development of uranium, nuclear fuel cycle, iron ore, coking coal, and copper mines, along with related services and equipment. Marubeni is also involved in smelting and refining aluminum and magnesium, leasing temporary steel construction materials, and exploring for and producing oil and gas. Furthermore, it manages infrastructure funds and engages in real estate development and management.

Marubeni, Stocks, ShortInterest