Monotaro (OTCMKTS:MONOY) Shares Gap Down – Here’s What Happened

Monotaro (OTCMKTS:MONOY)’s share price gapped down prior to trading on Friday . The stock had previously closed at $12.4250, but opened at $11.99. Monotaro shares last traded at $12.54, with a volume of 259 shares trading hands.

Monotaro Price Performance

The firm has a market capitalization of $6.19 billion, a price-to-earnings ratio of 27.13 and a beta of 1.09. The company’s 50 day moving average is $11.97 and its 200 day moving average is $11.70. The company has a quick ratio of 1.88, a current ratio of 2.69 and a debt-to-equity ratio of 0.17.

Monotaro (OTCMKTS:MONOY) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.12 earnings per share for the quarter. The business had revenue of $612.94 million during the quarter, compared to analysts’ expectations of $614.74 million. Monotaro had a net margin of 9.70% and a return on equity of 29.68%. On average, equities research analysts anticipate that Monotaro will post 0.48 earnings per share for the current fiscal year.

Monotaro Company Profile

MonotaRO Co, Ltd. is a Japan-based e-commerce company that supplies maintenance, repair and operating (MRO) products to businesses and organizations. Through its online platform, the company sells a broad range of industrial, construction, automotive, office and safety supplies, as well as tools, equipment and consumable products.

Its customers include manufacturers, construction companies, vehicle maintenance businesses, public-sector organizations and other commercial users. MonotaRO provides product search, ordering and delivery services designed to help customers purchase routine workplace supplies through a single online channel.