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Marubeni (OTCMKTS:MARUY) Reaches New 52-Week High – Here’s Why
['Kim Johansen']
Markets Daily
Marubeni Corp. (OTCMKTS:MARUY – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday .
The company traded as high as $250.00 and last traded at $248.82, with a volume of 1614 shares changing hands.
Analyst Upgrades and DowngradesSeparately, Zacks Research upgraded Marubeni from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 19th.
Marubeni (OTCMKTS:MARUY – Get Free Report) last issued its quarterly earnings results on Friday, August 1st.
As a group, equities research analysts forecast that Marubeni Corp. will post 19.54 EPS for the current year.