Monotaro (OTCMKTS:MONOY) Trading Down 7.7% – Here’s What Happened

Monotaro (OTCMKTS:MONOY)’s stock price traded down 7.7% during trading on Tuesday . The company traded as low as $11.44 and last traded at $11.44. Approximately 33,137 shares changed hands during trading, a decline of 77% from the average daily volume of 143,349 shares. The stock had previously closed at $12.39.

Monotaro Stock Performance

The company has a quick ratio of 1.88, a current ratio of 2.30 and a debt-to-equity ratio of 0.11. The stock has a fifty day moving average price of $11.63 and a two-hundred day moving average price of $12.12. The company has a market capitalization of $5.66 billion, a price-to-earnings ratio of 25.33 and a beta of 1.09.

Monotaro (OTCMKTS:MONOY) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.12 EPS for the quarter. Monotaro had a return on equity of 28.14% and a net margin of 9.66%. As a group, analysts forecast that Monotaro will post 0.48 EPS for the current fiscal year.

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.