Monotaro (OTCMKTS:MONOY) Shares Gap Down – Should You Sell?

Monotaro (OTCMKTS:MONOYGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $11.97, but opened at $11.5150. Monotaro shares last traded at $12.01, with a volume of 2,178 shares changing hands.

Monotaro Price Performance

The stock has a 50 day moving average of $11.61 and a two-hundred day moving average of $12.39. 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 firm has a market capitalization of $5.96 billion, a P/E ratio of 26.71 and a beta of 1.10.

Monotaro Company Profile

(Get Free Report)

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.

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