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

Monotaro (OTCMKTS:MONOY)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $14.08, but opened at $12.83. Monotaro shares last traded at $12.8225, with a volume of 5,327 shares changing hands.

Analyst Ratings Changes

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

Monotaro Trading Down 5.3%

The firm has a market cap of $6.45 billion, a P/E ratio of 29.25 and a beta of 1.02. The business’s 50 day moving average is $14.71 and its 200-day moving average is $15.13. 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 data on Tuesday, February 3rd. The company reported $0.12 EPS for the quarter. Monotaro had a net margin of 9.72% and a return on equity of 28.65%. The firm had revenue of $600.38 million during the quarter. As a group, analysts forecast that Monotaro will post 0.4 earnings per share for the current fiscal 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.