Marubeni Co. (OTCMKTS:MARUY) Sees Large Drop in Short Interest

Marubeni Co. (OTCMKTS:MARUY) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,600 shares, a decrease of 27.3% from the February 28th total of 2,200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 24,200 shares, the days-to-cover ratio is currently 0.1 days.

Marubeni Price Performance

Marubeni stock traded down $3.75 during mid-day trading on Monday, hitting $161.50. 13,779 shares of the company were exchanged, compared to its average volume of 30,815. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.38 and a quick ratio of 1.05. Marubeni has a 12-month low of $133.75 and a 12-month high of $203.84. The business’s 50 day simple moving average is $157.04 and its two-hundred day simple moving average is $155.53. The company has a market capitalization of $26.82 billion, a P/E ratio of 7.78, a PEG ratio of 2.21 and a beta of 0.87.

Marubeni (OTCMKTS:MARUY) last announced its earnings results on Wednesday, February 5th. The conglomerate reported $7.39 earnings per share for the quarter. Marubeni had a net margin of 6.94% and a return on equity of 14.21%. Analysts forecast that Marubeni will post 19.54 earnings per share for the current fiscal year.

Marubeni Company Profile

Marubeni Corporation engages in various business activities. It manufactures, wholesales, and retails apparel, footwear, home furnishing and sport goods, industrial and textile materials, tire and rubber materials, and household and nursing care products; develops uranium, nuclear fuel cycle, iron ore, coking coal, copper mines, and related equipment and services; smelts and refines aluminum and magnesium; leases temporary steel construction materials; explores for, develops, and produces oil and gas; manages infrastructure funds; and develops and manages real estate.