Monotaro (OTCMKTS:MONOY) Trading Down 4.7% – Should You Sell?

Shares of Monotaro (OTCMKTS:MONOY) were down 4.7% during trading on Tuesday . The company traded as low as $15.29 and last traded at $15.29. Approximately 23,437 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 273,600 shares. The stock had previously closed at $16.05.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded shares of Monotaro from a “strong sell” rating to a “hold” rating in a report on Sunday, December 14th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Monotaro Stock Down 0.7%

The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.24 and a current ratio of 2.88. The stock’s 50-day moving average price is $14.74 and its two-hundred day moving average price is $16.10. The stock has a market capitalization of $7.54 billion, a PE ratio of 30.06 and a beta of 1.02.

Monotaro (OTCMKTS:MONOY) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.11 EPS for the quarter. Monotaro had a net margin of 9.57% and a return on equity of 33.81%. The business had revenue of $550.48 million for the quarter. As a group, analysts expect 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.