Monotaro (OTCMKTS:MONOY) Shares Gap Up – What’s Next?

Monotaro (OTCMKTS:MONOY)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $13.47, but opened at $14.5950. Monotaro shares last traded at $14.5795, with a volume of 8,199 shares trading hands.

Analysts Set New Price Targets

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, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Monotaro Price Performance

The stock has a 50 day moving average of $14.80 and a two-hundred day moving average of $15.44. 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 has a market cap of $7.29 billion, a PE ratio of 29.08 and a beta of 1.02.

Monotaro (OTCMKTS:MONOY) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.12 EPS for the quarter. Monotaro had a net margin of 9.57% and a return on equity of 33.81%. Equities analysts anticipate that Monotaro will post 0.4 EPS for the current 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.