Monotaro (OTCMKTS:MONOY) Reaches New 52-Week Low – Should You Sell?

Monotaro (OTCMKTS:MONOY)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as $11.20 and last traded at $11.58, with a volume of 155372 shares trading hands. The stock had previously closed at $11.73.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised Monotaro from a “strong sell” rating to a “hold” rating in a research note on Sunday, December 14th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus 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 market capitalization of $5.81 billion, a P/E ratio of 26.32 and a beta of 0.99. The company’s 50 day moving average is $13.59 and its 200-day moving average is $14.36.

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

About Monotaro

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.