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

Monotaro (OTCMKTS:MONOY) shares gapped up before the market opened on Tuesday . The stock had previously closed at $11.9920, but opened at $12.6710. Monotaro shares last traded at $12.7185, with a volume of 676 shares traded.

Monotaro Stock Performance

The stock has a market cap of $6.29 billion, a PE ratio of 27.56 and a beta of 1.09. The company has a quick ratio of 1.88, a current ratio of 2.30 and a debt-to-equity ratio of 0.11. The firm has a 50 day moving average price of $11.84 and a 200 day moving average price of $11.74.

Monotaro (OTCMKTS:MONOY) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.12 earnings per share for the quarter. Monotaro had a return on equity of 28.73% and a net margin of 9.70%.The firm had revenue of $612.94 million during the quarter, compared to the consensus estimate of $614.74 million. As a group, research analysts forecast that Monotaro will post 0.48 earnings per share 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.