Monotaro (OTCMKTS:MONOY) Sees Large Volume Increase – Should You Buy?
by Scott Moore · The Cerbat GemShares of Monotaro (OTCMKTS:MONOY – Get Free Report) saw an uptick in trading volume on Monday . 435,116 shares changed hands during mid-day trading, an increase of 300% from the previous session’s volume of 108,883 shares.The stock last traded at $16.18 and had previously closed at $16.2550.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded Monotaro from a “strong sell” rating to a “hold” rating in a report on Sunday, December 14th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Monotaro presently has an average rating of “Hold”.
Check Out Our Latest Stock Report on MONOY
Monotaro Stock Performance
The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.24 and a current ratio of 2.88. The stock’s fifty day moving average is $14.33 and its two-hundred day moving average is $16.32. The firm has a market cap of $8.11 billion, a price-to-earnings ratio of 32.36 and a beta of 0.98.
Monotaro (OTCMKTS:MONOY – Get Free Report) last posted its earnings results on Thursday, October 30th. The company reported $0.11 earnings per share (EPS) for the quarter. Monotaro had a net margin of 9.57% and a return on equity of 33.81%. The firm had revenue of $550.48 million during the quarter. On average, analysts expect that Monotaro will post 0.4 earnings per share for the current fiscal year.
About Monotaro
Monotaro Co, Ltd., trading on the OTC Market under the symbol MONOY, is a Japan-based e-commerce platform specializing in maintenance, repair and operations (MRO) supplies. Founded in 2000 as a subsidiary of IT Holdings Co, the company offers a broad assortment of industrial products including tools, safety gear, fasteners, electrical components and work-site consumables tailored to small and medium-sized enterprises, contractors and facility managers.
Through its online marketplaces in Japan and a regional subsidiary in Singapore, Monotaro provides access to several million stock-keeping units (SKUs), supported by streamlined procurement processes, competitive pricing and logistics capabilities designed to deliver same- or next-day shipment.