Marui Group (OTCMKTS:MAURY) Shares Up 11.1% – Here’s Why

Marui Group Co. (OTCMKTS:MAURY)’s share price shot up 11.1% during mid-day trading on Monday . The stock traded as high as $42.67 and last traded at $42.67. 219 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 1,986 shares. The stock had previously closed at $38.40.

Marui Group Stock Performance

The company has a market capitalization of $3.39 billion, a PE ratio of 18.14 and a beta of 0.10. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 2.12. The firm’s 50-day simple moving average is $42.84 and its 200-day simple moving average is $40.94.

Marui Group (OTCMKTS:MAURY) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.49 by $0.16. Marui Group had a net margin of 10.80% and a return on equity of 11.69%. The business had revenue of $457.76 million during the quarter, compared to analyst estimates of $437.09 million.

Marui Group Company Profile

Marui Group Co, Ltd., an investment holding company, engages in the retailing and FinTech businesses in Japan. The company engages in the design and construction of commercial facilities; advertising planning and production; property management; rental of real estate properties; small-amount short-term insurance policy business; and sale of investment trusts.