Monotaro (OTCMKTS:MONOY) Trading Down 7.7% – Time to Sell?

Monotaro (OTCMKTS:MONOY)’s share price fell 7.7% on Tuesday . The company traded as low as $11.44 and last traded at $11.44. Approximately 33,137 shares traded hands during trading, a decline of 77% from the average daily volume of 143,349 shares. The stock had previously closed at $12.39.

Monotaro Stock Performance

The firm has a market cap of $5.66 billion, a PE ratio of 25.33 and a beta of 1.09. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.30 and a quick ratio of 1.88. The stock has a 50-day moving average price of $11.63 and a 200 day moving average price of $12.12.

Monotaro (OTCMKTS:MONOY) last released its earnings results on Tuesday, August 4th. The company reported $0.12 EPS for the quarter. Monotaro had a return on equity of 28.14% and a net margin of 9.66%. Research analysts forecast that Monotaro will post 0.48 earnings per share for the current year.

Monotaro Company Profile

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.