MARUBENI CORP/ADR (OTCMKTS:MARUY) Stock Price Passes Below 50 Day Moving Average of $65.03

MARUBENI CORP/ADR (OTCMKTS:MARUY)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $65.03 and traded as low as $64.36. MARUBENI CORP/ADR shares last traded at $64.36, with a volume of 18,718 shares.

Separately, Goldman Sachs Group lowered shares of MARUBENI CORP/ADR from a “conviction-buy” rating to a “buy” rating in a research note on Tuesday, June 4th.

The company has a market capitalization of $11.23 billion, a price-to-earnings ratio of 4.70 and a beta of 1.03. The firm’s 50 day moving average price is $65.03 and its two-hundred day moving average price is $68.32. The company has a current ratio of 1.23, a quick ratio of 0.89 and a debt-to-equity ratio of 0.92.

About MARUBENI CORP/ADR (OTCMKTS:MARUY)

Marubeni Corporation engages in various business activities worldwide. The company trades in grains, feed ingredients, compound feeds, foods, agricultural resources, marine products, processed seafood, fresh and processed meat, and raw ingredients and materials; and apparel, footwear, lifestyle products, office supplies, and textile and industrial materials.

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