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

by · The Cerbat Gem

Monotaro (OTCMKTS:MONOY – Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $15.31, but opened at $14.50. Monotaro shares last traded at $15.2140, with a volume of 229,746 shares trading hands.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised shares of Monotaro to a “neutral” rating in a research report on Sunday. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on Monotaro

Monotaro Price Performance

The company has a quick ratio of 2.24, a current ratio of 2.88 and a debt-to-equity ratio of 0.11. The stock has a market cap of $7.61 billion, a price-to-earnings ratio of 30.36 and a beta of 0.98. The company’s 50-day moving average is $13.94 and its 200-day moving average is $16.61.

Monotaro (OTCMKTS:MONOY – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.11 EPS for the quarter. The firm had revenue of $550.48 million for the quarter. Monotaro had a net margin of 9.57% and a return on equity of 33.81%. Equities research analysts expect that Monotaro will post 0.4 earnings per share for the current fiscal year.

About Monotaro

(Get Free Report)

MonotaRO Co, Ltd., together with its subsidiaries, operates an online MRO products store in Japan and internationally. The company offers safety protective equipment, work clothes, and safety shoes; logistics, storage, and packing supplies; tapes; safety, disaster prevention, and crime prevention products; safety signs; ship and fishing supplies; office supplies; office furniture/lighting/cleaning supplies; cutting tools and abrasives; measurement and surveying equipment; hand tools/electric and pneumatic tools; sprays, oils, greases, and paints; adhesives and repair materials; welding supplies; and piping and water related components/pumps/pneumatic and hydraulic equipment/hoses.

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