Monotaro (OTCMKTS:MONOY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Monotaro (OTCMKTS:MONOYGet Free Report) saw unusually-strong trading volume on Monday . Approximately 435,116 shares changed hands during trading, an increase of 300% from the previous session’s volume of 108,883 shares.The stock last traded at $16.18 and had previously closed at $16.2550.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Monotaro from a “strong sell” rating to a “hold” rating in a research note on Sunday, December 14th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Monotaro currently has a consensus rating of “Hold”.

Get Our Latest Report on MONOY

Monotaro Price Performance

The firm’s 50-day moving average is $14.45 and its two-hundred day moving average is $16.26. The company has a market cap of $7.99 billion, a P/E ratio of 31.88 and a beta of 0.98. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.88 and a quick ratio of 2.24.

Monotaro (OTCMKTS:MONOYGet Free Report) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.11 EPS for the quarter. Monotaro had a net margin of 9.57% and a return on equity of 33.81%. The business had revenue of $550.48 million during the quarter. Analysts anticipate that Monotaro will post 0.4 earnings per share for the current year.

Monotaro Company Profile

(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.