Monotaro (OTCMKTS:MONOY – Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 3,412 shares, a growth of 72.5% from the September 30th total of 1,978 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 80,055 shares, the short-interest ratio is currently 0.0 days.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group raised shares of Monotaro from a “hold” rating to a “buy” rating in a report on Thursday, October 1st. One analyst has rated the stock with a Buy rating. According to MarketBeat.com, Monotaro has an average rating of “Buy”.
Get Our Latest Analysis on Monotaro
Monotaro Stock Down 0.8%
Shares of Monotaro stock opened at $14.08 on Tuesday. The company has a 50-day simple moving average of $13.06 and a two-hundred day simple moving average of $12.32. The stock has a market capitalization of $6.99 billion, a PE ratio of 29.93 and a beta of 1.13. Monotaro has a 52-week low of $10.26 and a 52-week high of $16.76. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.06 and a current ratio of 2.69.
Monotaro (OTCMKTS:MONOY – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.12 earnings per share (EPS) for the quarter. The company had revenue of $612.94 million for the quarter, compared to analysts’ expectations of $614.74 million. Monotaro had a net margin of 9.70% and a return on equity of 29.68%. On average, analysts anticipate that Monotaro will post 0.48 EPS for the current fiscal year.
About Monotaro
MonotaRO Co, Ltd. is a Japan-based business-to-business e-commerce company that sells maintenance, repair and operations (MRO) supplies. Its online marketplace serves businesses, government organizations and professional users seeking products for workplaces, factories, construction sites, vehicle maintenance and other commercial applications.
The company offers a broad range of products, including tools, safety equipment, industrial components, automotive maintenance supplies, office and packaging products, cleaning materials, and construction-related goods.
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