Monotaro (OTCMKTS:MONOY) Reaches New 12-Month Low – Here’s Why

Monotaro (OTCMKTS:MONOY) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $12.05 and last traded at $12.12, with a volume of 3035 shares changing hands. The stock had previously closed at $12.96.

Analyst Upgrades and Downgrades

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 data from MarketBeat, Monotaro currently has an average rating of “Hold”.

Monotaro Price Performance

The stock has a market capitalization of $6.09 billion, a price-to-earnings ratio of 27.59 and a beta of 0.99. The stock has a fifty day moving average of $14.34 and a 200-day moving average of $14.78. The company has a quick ratio of 1.88, a current ratio of 2.30 and a debt-to-equity ratio of 0.11.

Monotaro (OTCMKTS:MONOY) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.12 EPS for the quarter. Monotaro had a net margin of 9.72% and a return on equity of 28.03%. The firm had revenue of $600.38 million during the quarter. On average, equities research analysts predict that Monotaro will post 0.4 EPS for the current fiscal 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.