Monotaro (OTCMKTS:MONOY) Sets New 1-Year Low – Time to Sell?

Shares of Monotaro (OTCMKTS:MONOY) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $14.01 and last traded at $14.49, with a volume of 138805 shares changing hands. The stock had previously closed at $14.55.

Analysts Set New Price Targets

Separately, Jefferies Financial Group raised shares of Monotaro from an “underperform” rating to a “hold” rating in a research note on Friday, June 13th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Monotaro Trading Down 0.4%

The stock has a market capitalization of $7.26 billion, a P/E ratio of 30.19 and a beta of 0.84. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.72 and a quick ratio of 2.14. The business’s 50 day simple moving average is $17.20 and its 200-day simple moving average is $18.67.

Monotaro (OTCMKTS:MONOY) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.11 earnings per share (EPS) for the quarter. Monotaro had a net margin of 9.36% and a return on equity of 33.81%. The firm had revenue of $561.57 million for the quarter, compared to analysts’ expectations of $567.49 million. As a group, analysts forecast that Monotaro will post 0.4 EPS for the current year.

Monotaro Company Profile

MonotaRO Co, Ltd., together with its subsidiaries, operates an online MRO products store in Japan and internationally. The company offers safety protective equipment, work clothes, and safety shoes; logistics, storage, and packing supplies; tapes; safety, disaster prevention, and crime prevention products; safety signs; ship and fishing supplies; office supplies; office furniture/lighting/cleaning supplies; cutting tools and abrasives; measurement and surveying equipment; hand tools/electric and pneumatic tools; sprays, oils, greases, and paints; adhesives and repair materials; welding supplies; and piping and water related components/pumps/pneumatic and hydraulic equipment/hoses.