Monotaro (OTCMKTS:MONOY) Shares Gap Up – Should You Buy?

Monotaro (OTCMKTS:MONOYGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $12.0010, but opened at $12.80. Monotaro shares last traded at $12.2480, with a volume of 763 shares changing hands.

Monotaro Price Performance

The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.88 and a current ratio of 2.30. The business has a 50-day simple moving average of $11.64 and a 200 day simple moving average of $12.06. The firm has a market cap of $6.02 billion, a P/E ratio of 26.37 and a beta of 1.09.

Monotaro (OTCMKTS:MONOYGet Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.12 earnings per share for the quarter. Monotaro had a return on equity of 28.73% and a net margin of 9.70%.The firm had revenue of $612.94 million for the quarter, compared to analyst estimates of $614.74 million. On average, analysts anticipate that Monotaro will post 0.48 earnings per share for the current fiscal year.

About Monotaro

(Get Free Report)

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.

Further Reading

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