Monotaro (OTCMKTS:MONOY) Shares Pass Below 50-Day Moving Average – Time to Sell?

Monotaro (OTCMKTS:MONOY)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $14.51 and traded as low as $14.51. Monotaro shares last traded at $14.5470, with a volume of 53,685 shares traded.

Monotaro Trading Down 3.2%

The company has a quick ratio of 2.14, a current ratio of 2.72 and a debt-to-equity ratio of 0.08. The firm has a 50 day moving average price of $14.51 and a two-hundred day moving average price of $17.55.

Monotaro (OTCMKTS:MONOY) last posted its earnings results on Thursday, October 30th. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $550.48 million during the quarter. Monotaro had a net margin of 9.57% and a return on equity of 34.43%. Sell-side analysts expect that Monotaro will post 0.4 EPS for the current fiscal year.

Monotaro Company Profile

MonotaRO Co, Ltd., together with its subsidiaries, operates an online MRO products store in Japan and internationally. The company offers safety protective equipment, work clothes, and safety shoes; logistics, storage, and packing supplies; tapes; safety, disaster prevention, and crime prevention products; safety signs; ship and fishing supplies; office supplies; office furniture/lighting/cleaning supplies; cutting tools and abrasives; measurement and surveying equipment; hand tools/electric and pneumatic tools; sprays, oils, greases, and paints; adhesives and repair materials; welding supplies; and piping and water related components/pumps/pneumatic and hydraulic equipment/hoses.