Monotaro (OTCMKTS:MONOY) Issues Quarterly Earnings Results

Monotaro (OTCMKTS:MONOY) released its earnings results on Wednesday. The company reported $0.12 earnings per share (EPS) for the quarter, Zacks reports. Monotaro had a return on equity of 29.68% and a net margin of 9.70%.

Monotaro Stock Performance

MONOY stock remained flat at $14.00 during mid-day trading on Wednesday. 22,530 shares of the company’s stock traded hands, compared to its average volume of 119,158. The stock has a market cap of $6.95 billion, a price-to-earnings ratio of 30.44 and a beta of 1.16. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.06 and a current ratio of 2.69. Monotaro has a twelve month low of $10.26 and a twelve month high of $16.76. The firm’s 50 day moving average is $13.11 and its two-hundred day moving average is $12.32.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Monotaro from a “hold” rating to a “buy” rating in a research report on Thursday, October 1st. One research analyst has rated the stock with a Buy rating. According to MarketBeat.com, the company currently has an average rating of “Buy”.

About Monotaro

MonotaRO Co, Ltd. is a Japan-based business-to-business e-commerce company that sells maintenance, repair and operations (MRO) supplies. Its online marketplace serves businesses, government organizations and professional users seeking products for workplaces, factories, construction sites, vehicle maintenance and other commercial applications.

The company offers a broad range of products, including tools, safety equipment, industrial components, automotive maintenance supplies, office and packaging products, cleaning materials, and construction-related goods.