Monotaro (OTCMKTS:MONOY) Trading Down 4.8% – Here’s Why

Monotaro (OTCMKTS:MONOY) shares were down 4.8% during mid-day trading on Thursday . The company traded as low as $11.14 and last traded at $11.1550. Approximately 13,328 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 158,142 shares. The stock had previously closed at $11.7160.

Monotaro Price Performance

The stock has a market cap of $5.64 billion, a price-to-earnings ratio of 25.01 and a beta of 1.10. The stock has a fifty day simple moving average of $11.61 and a 200-day simple moving average of $13.04. The company has a current ratio of 2.30, a quick ratio of 1.88 and a debt-to-equity ratio of 0.11.

Monotaro (OTCMKTS:MONOY) last announced its quarterly earnings data on Monday, May 18th. The company reported $999.00 earnings per share for the quarter. Monotaro had a return on equity of 28.14% and a net margin of 9.66%. As a group, equities research analysts expect that Monotaro will post 0.49 EPS 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.