Monotaro (OTCMKTS:MONOY) Sees Large Volume Increase – Still a Buy?

Monotaro (OTCMKTS:MONOY) shares saw unusually-strong trading volume on Wednesday . 169,693 shares were traded during trading, an increase of 31% from the previous session’s volume of 129,901 shares.The stock last traded at $12.1540 and had previously closed at $12.15.

Monotaro Stock Up 2.9%

The business has a fifty day moving average of $11.90 and a 200 day moving average of $11.72. The company has a market capitalization of $6.15 billion, a PE ratio of 26.96 and a beta of 1.09. 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 released its earnings results on Tuesday, August 4th. The company reported $0.12 earnings per share for the quarter. The company 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.

About Monotaro

MonotaRO Co, Ltd. is a Japan-based e-commerce company that supplies maintenance, repair and operating (MRO) products to businesses and organizations. Through its online platform, the company sells a broad range of industrial, construction, automotive, office and safety supplies, as well as tools, equipment and consumable products.

Its customers include manufacturers, construction companies, vehicle maintenance businesses, public-sector organizations and other commercial users. MonotaRO provides product search, ordering and delivery services designed to help customers purchase routine workplace supplies through a single online channel.