ValuEngine Lowers MONOTARO Co Ltd/ADR (MONOY) to Hold
MONOTARO Co Ltd/ADR (OTCMKTS:MONOY) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Wednesday.
Separately, Zacks Investment Research upgraded MONOTARO Co Ltd/ADR from a “hold” rating to a “buy” rating and set a $56.00 target price on the stock in a report on Saturday, August 25th.
MONOY opened at $26.91 on Wednesday. MONOTARO Co Ltd/ADR has a one year low of $13.03 and a one year high of $34.05. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.56 and a current ratio of 2.14. The firm has a market capitalization of $7.08 billion, a PE ratio of 44.07, a PEG ratio of 3.50 and a beta of 0.01.
MonotaRO Co, Ltd., together with its subsidiaries, imports and sells MRO products in Japan and internationally. It offers products in various categories, such as safety and health protection equipment/signs, logistics/packing goods, office tapes and cleaning supplies, cutting tools/abrasive materials, measurement/surveying equipment, work tools/electric/pneumatic tools, spray oil grease/ adhesion repair/welding supplies, pneumatic equipment/hydraulic equipment/hoses, and bearings/machine parts/casters.
Further Reading: Book Value Per Share – BVPS
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