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

Shares of Monotaro (OTCMKTS:MONOY) gapped up prior to trading on Friday. The stock had previously closed at $12.17, but opened at $12.60. Monotaro shares last traded at $12.7369, with a volume of 6,151 shares changing hands.

Monotaro Trading Up 4.5%

The company’s 50 day simple moving average is $12.02 and its 200 day simple moving average is $11.70. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.69 and a quick ratio of 2.06. The firm has a market cap of $6.31 billion, a price-to-earnings ratio of 27.64 and a beta of 1.09.

Monotaro (OTCMKTS:MONOY) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $612.94 million for the quarter, compared to analysts’ expectations of $614.74 million. Monotaro had a return on equity of 29.68% and a net margin of 9.70%. As a group, research analysts expect that Monotaro will post 0.48 earnings per share for the current fiscal year.

About Monotaro

MonotaRO Co, Ltd. is a Japan-based e-commerce company that supplies maintenance, repair and operating (MRO) products to businesses and organizations. Through its online platform, the company sells a broad range of industrial, construction, automotive, office and safety supplies, as well as tools, equipment and consumable products.

Its customers include manufacturers, construction companies, vehicle maintenance businesses, public-sector organizations and other commercial users. MonotaRO provides product search, ordering and delivery services designed to help customers purchase routine workplace supplies through a single online channel.