Monotaro (OTCMKTS:MONOY – Get Free Report) shares hit a new 52-week low on Tuesday . The company traded as low as $11.20 and last traded at $11.58, with a volume of 155372 shares trading hands. The stock had previously closed at $11.73.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded shares of Monotaro from a “strong sell” rating to a “hold” rating in a research report on Sunday, December 14th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.
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Monotaro Trading Up 0.3%
Monotaro (OTCMKTS:MONOY – Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.12 earnings per share for the quarter. The company had revenue of $600.38 million for the quarter. Monotaro had a return on equity of 28.03% and a net margin of 9.72%. Sell-side 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.
Further Reading
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