Monotaro (OTCMKTS:MONOY) Shares Gap Up – Here’s Why

Monotaro (OTCMKTS:MONOYGet Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $11.3802, but opened at $12.14. Monotaro shares last traded at $12.06, with a volume of 2,475 shares.

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 fifty day moving average price of $11.60 and a two-hundred day moving average price of $12.24. The stock has a market capitalization of $5.98 billion, a P/E ratio of 26.80 and a beta of 1.10.

About Monotaro

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Monotaro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monotaro and related companies with MarketBeat.com's FREE daily email newsletter.