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

Monotaro (OTCMKTS:MONOY)’s share price gapped down before the market opened on Friday . The stock had previously closed at $12.4250, but opened at $11.99. Monotaro shares last traded at $12.54, with a volume of 259 shares.

Monotaro Price Performance

The stock has a market capitalization of $6.19 billion, a price-to-earnings ratio of 27.13 and a beta of 1.09. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.88 and a current ratio of 2.69. The company has a fifty day simple moving average of $11.97 and a two-hundred day simple moving average of $11.70.

Monotaro (OTCMKTS:MONOY) last released its earnings results on Tuesday, August 4th. The company reported $0.12 earnings per share for the quarter. The firm had revenue of $612.94 million during the quarter, compared to the consensus estimate of $614.74 million. Monotaro had a return on equity of 29.68% and a net margin of 9.70%. As a group, equities research analysts expect that Monotaro will post 0.48 earnings per share for the current fiscal year.

Monotaro Company Profile

MonotaRO Co, Ltd. is a Japan-based e-commerce company that supplies maintenance, repair and operating (MRO) products to businesses and organizations. Through its online platform, the company sells a broad range of industrial, construction, automotive, office and safety supplies, as well as tools, equipment and consumable products.

Its customers include manufacturers, construction companies, vehicle maintenance businesses, public-sector organizations and other commercial users. MonotaRO provides product search, ordering and delivery services designed to help customers purchase routine workplace supplies through a single online channel.