Marubeni Co. Sees Significant Short Interest Drop

Marubeni Co. (OTCMKTS:MARUY - Get Free Report) experienced a noteworthy reduction in short interest over January. By January 31st, the short interest had decreased to 12,600 shares, marking a decline of 29.6% from the previous total of 17,900 shares on January 15th. With an average daily trading volume of 70,700 shares, the current short-interest ratio stands at just 0.2 days.

Marubeni Stock Performance

During midday trading on Friday, shares of Marubeni slid by 0.6%, dropping $0.92 to $153.58. The company had a trading volume of 8,776 shares, compared to an average of 26,960 shares. Throughout the past year, Marubeni's stock reached a low of $133.75 and a high of $203.84. Financially, Marubeni shows a debt-to-equity ratio of 0.58, a quick ratio of 1.05, and a current ratio of 1.43. The company's market capitalization stands at $25.51 billion, with a price-to-earnings ratio of 7.40 and a price-to-earnings-growth ratio of 2.30. Additionally, Marubeni has a beta of 0.88, and its 50-day moving average price is $148.31, while the 200-day moving average price is $156.42.

Marubeni (OTCMKTS:MARUY - Get Free Report) published its quarterly earnings on February 5th, reporting $7.39 EPS for the quarter. The company recorded 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 ongoing year.

Overview of Marubeni Corporation

Marubeni Corporation is involved in a diverse range of business activities. The company specializes in the manufacture, wholesale, and retail of products, including apparel, footwear, home furnishings, sports goods, industrial and textile materials, tire and rubber materials, as well as household and nursing care products. Additionally, Marubeni also engages in the development of uranium, nuclear fuel cycles, iron ore, coking coal, and copper mines along with related equipment and services. The corporation is dedicated to smelting and refining aluminum and magnesium, leasing out temporary steel construction materials, exploring oil and gas, managing infrastructure funds, and developing and managing real estate.

Investment Considerations

Before making any investment decisions, it is important to consider various factors that might influence the market and the company’s performance. Current market trends suggest that while Marubeni holds a 'Hold' rating among analysts, it is prudent to explore other stock opportunities that might offer better returns.

Marubeni, Stocks, Short