Monotaro (OTCMKTS:MONOY) Sees Strong Trading Volume – Should You Buy?

Monotaro (OTCMKTS:MONOY) shares saw an uptick in trading volume on Thursday . 720,890 shares changed hands during mid-day trading, an increase of 466% from the previous session’s volume of 127,368 shares.The stock last traded at $12.6725 and had previously closed at $12.4250.

Monotaro Trading Down 1.2%

The firm has a 50-day moving average of $11.98 and a 200 day moving average of $11.71. The company has a market cap of $6.21 billion, a P/E ratio of 27.22 and a beta of 1.09. The company has a current ratio of 2.69, a quick ratio of 1.88 and a debt-to-equity ratio of 0.17.

Monotaro (OTCMKTS:MONOY) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $612.94 million for the quarter, compared to analyst estimates of $614.74 million. Monotaro had a return on equity of 29.68% and a net margin of 9.70%. On average, analysts predict 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.