Monotaro (OTCMKTS:MONOY) Hits New 52-Week Low – Here’s Why

Monotaro (OTCMKTS:MONOY) hit a new 52-week low during trading on Tuesday . The stock traded as low as $12.05 and last traded at $12.12, with a volume of 3035 shares traded. The stock had previously closed at $12.96.

Analyst Ratings Changes

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

Monotaro Stock Performance

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 of $14.21 and a 200 day moving average of $14.72. The stock has a market capitalization of $6.25 billion, a P/E ratio of 28.34 and a beta of 1.00.

Monotaro (OTCMKTS:MONOY) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.12 earnings per share (EPS) for the quarter. The company had revenue of $600.38 million during the quarter. Monotaro had a net margin of 9.72% and a return on equity of 28.03%. Research analysts anticipate that Monotaro will post 0.4 EPS 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.