Monotaro (OTCMKTS:MONOY) Posts Earnings Results

Monotaro (OTCMKTS:MONOY) announced its quarterly earnings results on Tuesday. The company reported $0.12 earnings per share for the quarter, Zacks reports. Monotaro had a net margin of 9.57% and a return on equity of 33.81%.

Monotaro Stock Performance

OTCMKTS:MONOY opened at $13.69 on Tuesday. The business’s fifty day moving average is $14.80 and its 200 day moving average is $15.44. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of 27.38 and a beta of 1.02. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.24 and a current ratio of 2.88. Monotaro has a 52-week low of $12.16 and a 52-week high of $21.63.

Wall Street Analysts Forecast Growth

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 investment analysts have rated the stock with a Hold rating, According to MarketBeat, Monotaro has an average rating of “Hold”.

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.