Monotaro (OTCMKTS:MONOY) Shares Gap Down – Time to Sell?

Monotaro (OTCMKTS:MONOY) shares gapped down before the market opened on Thursday . The stock had previously closed at $11.77, but opened at $10.76. Monotaro shares last traded at $11.1550, with a volume of 55,053 shares.

Analyst Upgrades and Downgrades

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

Monotaro Stock Down 5.3%

The firm has a market cap of $5.59 billion, a price-to-earnings ratio of 25.34 and a beta of 1.00. 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’s 50-day moving average is $13.45 and its 200-day moving average is $14.30.

Monotaro (OTCMKTS:MONOY) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.12 EPS for the quarter. The firm had revenue of $600.38 million for the quarter. Monotaro had a net margin of 9.72% and a return on equity of 28.03%. On average, equities analysts predict that Monotaro will post 0.4 EPS for the current year.

Monotaro Company Profile

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.