Monotaro (OTCMKTS:MONOY) Announces Earnings Results

Monotaro (OTCMKTS:MONOY) announced its quarterly earnings results on Monday. The company reported $999.00 earnings per share for the quarter, Zacks reports. Monotaro had a return on equity of 28.03% and a net margin of 9.72%.

Monotaro Trading Down 0.3%

Monotaro stock traded down $0.04 during mid-day trading on Monday, hitting $11.65. 68,038 shares of the company’s stock were exchanged, compared to its average volume of 168,931. The firm has a market capitalization of $5.84 billion, a P/E ratio of 26.47 and a beta of 1.11. Monotaro has a fifty-two week low of $10.26 and a fifty-two week high of $21.63. 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’s 50 day simple moving average is $11.50 and its 200-day simple moving average is $13.31.

About Monotaro

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.