Monotaro (OTCMKTS:MONOY) Trading Down 4.7% – What’s Next?

Monotaro (OTCMKTS:MONOY) shares traded down 4.7% during mid-day trading on Tuesday . The company traded as low as $15.29 and last traded at $15.29. 23,437 shares were traded during trading, a decline of 91% from the average session volume of 273,600 shares. The stock had previously closed at $16.05.

Analyst Upgrades and Downgrades

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

Monotaro Stock Down 1.0%

The company has a market cap of $7.65 billion, a price-to-earnings ratio of 30.50 and a beta of 1.02. The business has a 50-day simple moving average of $14.65 and a two-hundred day simple moving average of $16.14. The company has a quick ratio of 2.24, a current ratio of 2.88 and a debt-to-equity ratio of 0.11.

Monotaro (OTCMKTS:MONOY) last released its quarterly earnings results 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. As a group, equities analysts forecast that Monotaro will post 0.4 earnings per share for the current fiscal 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.