Monotaro (OTCMKTS:MONOY) Shares Gap Down – What’s Next?

by · The Cerbat Gem

Monotaro (OTCMKTS:MONOY – Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $14.58, but opened at $13.6201. Monotaro shares last traded at $14.1580, with a volume of 57,199 shares.

Monotaro Price Performance

The firm has a market cap of $7.22 billion, a P/E ratio of 28.80 and a beta of 0.98. The company has a quick ratio of 2.24, a current ratio of 2.88 and a debt-to-equity ratio of 0.11. The business’s 50 day moving average is $13.93 and its two-hundred day moving average is $16.97.

Monotaro (OTCMKTS:MONOY – Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.11 earnings per share for the quarter. The firm had revenue of $550.48 million during the quarter. Monotaro had a return on equity of 33.81% and a net margin of 9.57%. As a group, analysts anticipate that Monotaro will post 0.4 earnings per share for the current year.

Monotaro Company Profile

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MonotaRO Co, Ltd., together with its subsidiaries, operates an online MRO products store in Japan and internationally. The company offers safety protective equipment, work clothes, and safety shoes; logistics, storage, and packing supplies; tapes; safety, disaster prevention, and crime prevention products; safety signs; ship and fishing supplies; office supplies; office furniture/lighting/cleaning supplies; cutting tools and abrasives; measurement and surveying equipment; hand tools/electric and pneumatic tools; sprays, oils, greases, and paints; adhesives and repair materials; welding supplies; and piping and water related components/pumps/pneumatic and hydraulic equipment/hoses.

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