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

Monotaro (OTCMKTS:MONOY) gapped down prior to trading on Tuesday . The stock had previously closed at $11.2740, but opened at $10.81. Monotaro shares last traded at $10.79, with a volume of 1,820 shares.

Monotaro Stock Performance

The company has a market cap of $5.37 billion, a PE ratio of 24.05 and a beta of 1.10. The firm’s fifty day moving average is $11.63 and its 200 day moving average is $12.98. The company has a current ratio of 2.30, a quick ratio of 1.88 and a debt-to-equity ratio of 0.11.

Monotaro (OTCMKTS:MONOY) last released its earnings results on Monday, May 18th. The company reported $999.00 earnings per share (EPS) for the quarter. Monotaro had a net margin of 9.66% and a return on equity of 28.14%.

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.