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

Monotaro (OTCMKTS:MONOY)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $14.49, but opened at $14.0350. Monotaro shares last traded at $14.10, with a volume of 65,884 shares.

Monotaro Trading Up 1.6%

The business has a 50 day moving average of $13.90 and a 200 day moving average of $16.75. The firm has a market capitalization of $7.16 billion, a price-to-earnings ratio of 28.58 and a beta of 0.98. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.88 and a quick ratio of 2.24.

Monotaro (OTCMKTS:MONOY) last issued 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 for the quarter. Monotaro had a return on equity of 33.81% and a net margin of 9.57%. As a group, research analysts predict that Monotaro will post 0.4 earnings per share for the current fiscal year.

About Monotaro

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.