Monotaro (OTCMKTS:MONOY) Shares Gap Down – Time to Sell?

Monotaro (OTCMKTS:MONOY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $12.30, but opened at $11.8850. Monotaro shares last traded at $11.8550, with a volume of 29,207 shares.

Monotaro Stock Performance

The company has a market cap of $5.78 billion, a price-to-earnings ratio of 25.30 and a beta of 1.09. 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 has a fifty day moving average of $11.66 and a two-hundred day moving average of $12.00.

Monotaro (OTCMKTS:MONOY) last posted its earnings results on Tuesday, August 4th. The company reported $0.12 EPS for the quarter. The firm had revenue of $612.94 million during the quarter, compared to the consensus estimate of $614.74 million. Monotaro had a return on equity of 28.73% and a net margin of 9.70%. Equities research analysts anticipate that Monotaro will post 0.48 EPS 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.