Monotaro (OTCMKTS:MONOY) Trading Down 4.8% – Here’s Why

Monotaro (OTCMKTS:MONOY) dropped 4.8% during trading on Thursday . The stock traded as low as $11.14 and last traded at $11.1550. Approximately 13,328 shares were traded during trading, a decline of 92% from the average daily volume of 158,142 shares. The stock had previously closed at $11.7160.

Monotaro Stock Performance

The firm has a market capitalization of $5.64 billion, a PE ratio of 25.01 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.30 and a quick ratio of 1.88. The firm has a fifty day moving average price of $11.61 and a 200 day moving average price of $13.04.

Monotaro (OTCMKTS:MONOY) last announced its earnings results on Monday, May 18th. The company reported $999.00 EPS for the quarter. Monotaro had a return on equity of 28.14% and a net margin of 9.66%. Research analysts anticipate that Monotaro will post 0.49 earnings per share for the current fiscal year.

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.