Monotaro (OTCMKTS:MONOY) Shares Gap Down – What’s Next?

Shares of Monotaro (OTCMKTS:MONOY) gapped down before the market opened on Tuesday . The stock had previously closed at $11.6510, but opened at $11.12. Monotaro shares last traded at $11.12, with a volume of 137 shares trading hands.

Monotaro Price Performance

The company’s 50 day moving average price is $11.61 and its 200-day moving average price is $13.04. The stock has a market cap of $5.87 billion, a P/E ratio of 26.04 and a beta of 1.10. The company has a quick ratio of 1.88, a current ratio of 2.30 and a debt-to-equity ratio of 0.11.

Monotaro (OTCMKTS:MONOY) last released its quarterly 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%. As a group, sell-side analysts expect that Monotaro will post 0.49 earnings per share for the current 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.