Monotaro (OTCMKTS:MONOY) Shares Gap Down – Time to Sell?
by Teresa Graham · The Cerbat GemMonotaro (OTCMKTS:MONOY – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $16.05, but opened at $15.38. Monotaro shares last traded at $15.3875, with a volume of 88,908 shares traded.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded Monotaro from a “strong sell” rating to a “hold” rating in a research note on Sunday, December 14th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.
View Our Latest Research Report on MONOY
Monotaro Price Performance
The company has a market cap of $7.59 billion, a P/E ratio of 30.28 and a beta of 1.02. The company’s 50-day moving average price is $14.69 and its two-hundred day moving average price is $16.11. The company has a current ratio of 2.88, a quick ratio of 2.24 and a debt-to-equity ratio of 0.11.
Monotaro (OTCMKTS:MONOY – Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.11 EPS for the quarter. The business 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, sell-side analysts expect that Monotaro will post 0.4 earnings per share for the current year.
Monotaro Company Profile
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.