Monotaro (OTCMKTS:MONOY) Releases Earnings Results

Monotaro (OTCMKTS:MONOY) posted its quarterly earnings results on Wednesday. The company reported $0.12 earnings per share (EPS) for the quarter, Zacks reports. Monotaro had a return on equity of 29.68% and a net margin of 9.70%.

Monotaro Price Performance

OTCMKTS:MONOY traded up $0.01 during trading hours on Wednesday, hitting $14.01. The company’s stock had a trading volume of 24,178 shares, compared to its average volume of 119,177. The business’s 50-day moving average is $13.11 and its two-hundred day moving average is $12.32. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.06 and a current ratio of 2.69. The company has a market capitalization of $6.95 billion, a PE ratio of 30.46 and a beta of 1.16. Monotaro has a 52-week low of $10.26 and a 52-week high of $16.76.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded shares of Monotaro from a “hold” rating to a “buy” rating in a research note on Thursday, October 1st. One research analyst has rated the stock with a Buy rating. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

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.