Monotaro (OTCMKTS:MONOY) Shares Gap Down – Time to Sell?

Monotaro (OTCMKTS:MONOY) gapped down prior to trading on Tuesday . The stock had previously closed at $15.43, but opened at $14.75. Monotaro shares last traded at $14.80, with a volume of 1,845 shares.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Monotaro from a “strong sell” rating to a “hold” rating in a report on Sunday, December 14th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Monotaro has a consensus rating of “Hold”.

Monotaro Trading Down 4.0%

The stock’s 50 day simple moving average is $14.83 and its 200 day simple moving average is $15.97. The firm has a market cap of $7.43 billion, a PE ratio of 29.62 and a beta of 1.02. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.24 and a current ratio of 2.88.

Monotaro (OTCMKTS:MONOY) last posted its quarterly earnings data 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 company had revenue of $550.48 million during the quarter. On average, sell-side analysts forecast that Monotaro will post 0.4 earnings per share for the current fiscal 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.