Monotaro (OTCMKTS:MONOY) Stock Short Interest Report for September

Monotaro (OTCMKTS:MONOY) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 1,978 shares, a decrease of 96.2% from the September 15th total of 51,394 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 222,651 shares, the short-interest ratio is currently 0.0 days.

Monotaro Stock Performance

Shares of OTCMKTS MONOY traded up $0.63 during trading hours on Friday, hitting $14.16. 44,075 shares of the company’s stock were exchanged, compared to its average volume of 87,346. Monotaro has a 1-year low of $10.26 and a 1-year high of $16.76. The company’s 50-day moving average price is $12.24 and its 200-day moving average price is $11.80. The stock has a market capitalization of $7.03 billion, a price-to-earnings ratio of 30.78 and a beta of 1.13. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.69 and a quick ratio of 2.06.

Monotaro (OTCMKTS:MONOY) last released its earnings results on Tuesday, August 4th. The company reported $0.12 EPS for the quarter. Monotaro had a net margin of 9.70% and a return on equity of 29.68%. The firm had revenue of $612.94 million during the quarter, compared to analysts’ expectations of $614.74 million. On average, sell-side analysts expect that Monotaro will post 0.48 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Monotaro Company Profile

MonotaRO Co, Ltd. is a Japan-based e-commerce company that supplies maintenance, repair and operations (MRO) products to businesses and individual customers. Through its online platform, the company offers a broad selection of industrial supplies, tools, equipment and consumables.

Its product categories include hand and power tools, safety equipment, automotive maintenance products, manufacturing and construction supplies, office and facility-maintenance goods, cleaning products, and agricultural materials.