Monotaro (OTCMKTS:MONOY) Hits New 12-Month Low – Should You Sell?

Monotaro (OTCMKTS:MONOY)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $10.73 and last traded at $10.79, with a volume of 25996 shares changing hands. The stock had previously closed at $10.86.

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 MarketBeat.com, the stock has an average rating of “Hold”.

Monotaro Stock Up 0.9%

The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.88 and a current ratio of 2.30. The company’s 50-day moving average price is $12.79 and its 200 day moving average price is $13.92. The stock has a market capitalization of $5.44 billion, a P/E ratio of 24.65 and a beta of 1.00.

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