Monotaro (OTCMKTS:MONOY) Shares Gap Up – Time to Buy?

Monotaro (OTCMKTS:MONOY)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $10.94, but opened at $11.63. Monotaro shares last traded at $11.63, with a volume of 2,873 shares.

Monotaro Stock Performance

The firm has a market capitalization of $5.73 billion, a PE ratio of 25.65 and a beta of 1.10. The company’s 50-day simple moving average is $11.54 and its 200 day simple moving average is $12.66. The company has a quick ratio of 1.88, a current ratio of 2.30 and a debt-to-equity ratio of 0.11.

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.