Monotaro (OTCMKTS:MONOY) Shares Gap Up – Should You Buy?

Monotaro (OTCMKTS:MONOY) shares gapped up prior to trading on Thursday . The stock had previously closed at $10.94, but opened at $11.63. Monotaro shares last traded at $11.63, with a volume of 2,873 shares changing hands.

Monotaro Stock Performance

The company has a market cap of $5.74 billion, a P/E ratio of 25.71 and a beta of 1.10. The company has a quick ratio of 1.88, a current ratio of 2.30 and a debt-to-equity ratio of 0.11. The company has a 50 day moving average price of $11.54 and a 200-day moving average price of $12.69.

Monotaro (OTCMKTS:MONOY) last posted its quarterly earnings data on Monday, May 18th. The company reported $999.00 earnings per share for the quarter. Monotaro had a net margin of 9.66% and a return on equity of 28.14%. Equities analysts expect that Monotaro will post 0.48 EPS for the current fiscal year.

Monotaro Company Profile

Monotaro Co, Ltd., trading on the OTC Market under the symbol MONOY, is a Japan-based e-commerce platform specializing in maintenance, repair and operations (MRO) supplies. Founded in 2000 as a subsidiary of IT Holdings Co, the company offers a broad assortment of industrial products including tools, safety gear, fasteners, electrical components and work-site consumables tailored to small and medium-sized enterprises, contractors and facility managers.

Through its online marketplaces in Japan and a regional subsidiary in Singapore, Monotaro provides access to several million stock-keeping units (SKUs), supported by streamlined procurement processes, competitive pricing and logistics capabilities designed to deliver same- or next-day shipment.