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

Monotaro (OTCMKTS:MONOY)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $12.73, but opened at $11.69. Monotaro shares last traded at $11.62, with a volume of 51,099 shares trading hands.

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 analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Monotaro presently has a consensus rating of “Hold”.

Monotaro Price 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 market cap of $5.80 billion, a PE ratio of 26.30 and a beta of 1.00. The stock has a 50 day moving average price of $13.84 and a two-hundred day moving average price of $14.51.

Monotaro (OTCMKTS:MONOY) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.12 EPS for the quarter. The firm 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%. As a group, equities analysts expect that Monotaro will post 0.4 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.