Monotaro (OTCMKTS:MONOY) Shares Gap Down – Here’s What Happened

Monotaro (OTCMKTS:MONOYGet Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $12.03, but opened at $11.50. Monotaro shares last traded at $11.67, with a volume of 25,006 shares trading hands.

Monotaro Price Performance

The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.88 and a current ratio of 2.30. The firm has a market cap of $5.99 billion, a price-to-earnings ratio of 27.16 and a beta of 1.11. The stock’s 50 day simple moving average is $11.65 and its 200-day simple moving average is $13.38.

Monotaro Company Profile

(Get Free Report)

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.

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