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

Monotaro (OTCMKTS:MONOY) shares gapped down prior to trading on Thursday . The stock had previously closed at $12.5348, but opened at $11.84. Monotaro shares last traded at $11.6190, with a volume of 3,115 shares trading hands.

Monotaro Trading Down 3.2%

The company has a 50-day simple moving average of $11.48 and a 200-day simple moving average of $13.29. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.88 and a current ratio of 2.30. The stock has a market cap of $5.96 billion, a P/E ratio of 26.40 and a beta of 1.11.

Monotaro (OTCMKTS:MONOY) last released its earnings results on Monday, May 18th. The company reported $999.00 EPS for the quarter. Monotaro had a return on equity of 28.14% and a net margin of 9.66%. On average, sell-side analysts forecast that Monotaro will post 0.49 EPS for the current fiscal year.

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.