Monotaro (OTCMKTS:MONOY) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

Monotaro (OTCMKTS:MONOY) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $11.65 and traded as low as $11.36. Monotaro shares last traded at $11.37, with a volume of 75,746 shares changing hands.

Monotaro Stock Down 2.0%

The company has a debt-to-equity ratio of 0.11, a current ratio of 2.30 and a quick ratio of 1.88. The stock has a market capitalization of $5.64 billion, a P/E ratio of 24.72 and a beta of 1.09. The stock’s fifty day moving average is $11.65 and its two-hundred day moving average is $11.90.

Monotaro (OTCMKTS:MONOY) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.12 EPS for the quarter. The company had revenue of $612.94 million during the quarter, compared to the consensus estimate of $614.74 million. Monotaro had a return on equity of 28.73% and a net margin of 9.70%. As a group, research analysts predict that Monotaro will post 0.48 earnings per share for the current fiscal year.

About Monotaro

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.