Monotaro (OTCMKTS:MONOY) Shares Gap Up – What’s Next?

Monotaro (OTCMKTS:MONOY) gapped up before the market opened on Tuesday . The stock had previously closed at $11.9920, but opened at $12.6710. Monotaro shares last traded at $12.7185, with a volume of 676 shares trading hands.

Monotaro Trading Up 4.4%

The company has a market capitalization of $6.29 billion, a PE ratio of 27.56 and a beta of 1.09. The company’s fifty day moving average is $11.84 and its 200-day moving average is $11.74. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.30 and a quick ratio of 1.88.

Monotaro (OTCMKTS:MONOY) last posted its earnings results on Tuesday, August 4th. The company reported $0.12 earnings per share for the quarter. The company had revenue of $612.94 million during the quarter, compared to analyst estimates of $614.74 million. Monotaro had a return on equity of 28.73% and a net margin of 9.70%. On average, analysts anticipate 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.