Monotaro (OTCMKTS:MONOY) Stock Jumps 3.8% – Should You Buy?

Monotaro (OTCMKTS:MONOY) shares traded up 3.8% during mid-day trading on Monday. The company traded as high as $14.05 and last traded at $14.05. 700 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 124,861 shares. The stock had previously closed at $13.53.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of 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 MarketBeat, Monotaro has a consensus rating of “Buy”.

Monotaro Trading Down 0.0%

The business has a 50-day moving average of $12.33 and a two-hundred day moving average of $11.84. The company has a quick ratio of 2.06, a current ratio of 2.69 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $7.02 billion, a price-to-earnings ratio of 30.78 and a beta of 1.13.

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 company had revenue of $612.94 million during the quarter, compared to analysts’ expectations of $614.74 million. Monotaro had a net margin of 9.70% and a return on equity of 29.68%. Research analysts predict that Monotaro will post 0.48 EPS for the current fiscal year.

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.