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

Marubeni Co. (OTCMKTS:MARUY - Get Free Report) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 2,200 shares, a decline of 83.3% from the February 13th total of 13,200 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 200,000 shares, the short-interest ratio is currently 0.0 days.

Marubeni Price Performance

OTCMKTS MARUY traded up $2.62 during mid-day trading on Wednesday, hitting $161.71. The stock had a trading volume of 17,281 shares, compared to its average volume of 36,216. Marubeni has a twelve month low of $133.75 and a twelve month high of $203.84. The stock has a market capitalization of $26.86 billion, a price-to-earnings ratio of 7.79, a PEG ratio of 2.21 and a beta of 0.87. The firm's 50 day moving average is $151.40 and its 200 day moving average is $155.16. 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 (OTCMKTS:MARUY - Get Free Report) last issued its earnings results on Wednesday, February 5th. The conglomerate reported $7.39 earnings per share for the quarter. Marubeni had a return on equity of 14.21% and a net margin of 6.94%. Equities research analysts forecast that Marubeni will post 19.54 earnings per share for the current fiscal year.

About Marubeni

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.

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