Monotaro (OTCMKTS:MONOY) Releases Earnings Results

Monotaro (OTCMKTS:MONOY) issued its earnings results on Tuesday. The company reported $0.12 earnings per share for the quarter, Zacks reports. Monotaro had a return on equity of 33.81% and a net margin of 9.57%.

Monotaro Stock Up 1.6%

Monotaro stock opened at $13.69 on Tuesday. The company has a market capitalization of $6.86 billion, a PE ratio of 27.38 and a beta of 1.02. Monotaro has a 12-month low of $12.16 and a 12-month high of $21.63. The firm’s fifty day moving average is $14.80 and its 200 day moving average is $15.44. The company has a quick ratio of 2.24, a current ratio of 2.88 and a debt-to-equity ratio of 0.11.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded Monotaro from a “strong sell” rating to a “hold” rating in a research note on Sunday, December 14th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

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.