Monotaro (OTCMKTS:MONOY) Stock Price Down 4.5% – Time to Sell?

Monotaro (OTCMKTS:MONOY) shares were down 4.5% during mid-day trading on Monday . The stock traded as low as $11.20 and last traded at $11.20. Approximately 62,359 shares traded hands during trading, a decline of 58% from the average daily volume of 150,253 shares. The stock had previously closed at $11.73.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Monotaro from a “strong sell” rating to a “hold” rating in a research report on Sunday, December 14th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Monotaro presently has an average rating of “Hold”.

Monotaro Trading Down 1.4%

The company has a quick ratio of 1.88, a current ratio of 2.30 and a debt-to-equity ratio of 0.11. The company has a fifty day moving average of $13.67 and a two-hundred day moving average of $14.40. The stock has a market capitalization of $5.80 billion, a price-to-earnings ratio of 26.29 and a beta of 0.99.

Monotaro (OTCMKTS:MONOY) last posted its earnings results on Tuesday, February 3rd. The company reported $0.12 earnings per share for the quarter. Monotaro had a return on equity of 28.03% and a net margin of 9.72%.The company had revenue of $600.38 million for the quarter. On average, research analysts expect that Monotaro will post 0.4 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.