Marubeni (OTCMKTS:MARUY) Cut to Strong Sell at Zacks Research

Zacks Research downgraded shares of Marubeni (OTCMKTS:MARUY) from a hold rating to a strong sell rating in a report published on Tuesday,Zacks.com reports.

Separately, The Goldman Sachs Group started coverage on shares of Marubeni in a research note on Tuesday, January 6th. They issued a “buy” rating for the company. One equities 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, the company presently has an average rating of “Hold”.

Marubeni Trading Up 1.7%

Shares of OTCMKTS MARUY opened at $336.56 on Tuesday. The company has a current ratio of 1.42, a quick ratio of 1.04 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $55.41 billion, a PE ratio of 14.53, a PEG ratio of 1.67 and a beta of 0.60. Marubeni has a twelve month low of $126.85 and a twelve month high of $338.85. The stock has a fifty day simple moving average of $288.99 and a 200-day simple moving average of $253.13.

Marubeni (OTCMKTS:MARUY) last announced its earnings results on Tuesday, November 4th. The conglomerate reported $6.22 EPS for the quarter, beating analysts’ consensus estimates of $4.38 by $1.84. The company had revenue of $13.30 billion during the quarter, compared to analysts’ expectations of $12.30 billion. Marubeni had a return on equity of 14.83% and a net margin of 7.04%. On average, equities analysts forecast that Marubeni will post 19.54 earnings per share 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.