Monotaro (OTCMKTS:MONOY) Hits New 1-Year Low - Should You Sell?

Key Points

• Monotaro's stock has reached a new 52-week low, trading at $13.60, with a volume of 12,368 shares, down from a previous close of $13.90.
• Jefferies Financial Group upgraded Monotaro from "underperform" to "hold," with the company currently holding an average analyst rating of "hold."
• In its last quarterly report, Monotaro reported earnings of $0.11 per share on revenues of $561.57 million, falling short of analysts' expectations.

Shares of Monotaro (OTCMKTS:MONOY - Get Free Report) reached a new 52-week low on Friday . The company traded as low as $13.48 and last traded at $13.60, with a volume of 12368 shares. The stock had previously closed at $13.90.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised Monotaro from an "underperform" rating to a "hold" rating in a report on Friday, June 13th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of "Hold".

Monotaro Trading Down 1.5%

The company has a market cap of $6.86 billion, a price-to-earnings ratio of 28.52 and a beta of 0.93. The firm has a 50 day moving average price of $16.63 and a two-hundred day moving average price of $18.47. The company has a quick ratio of 2.14, a current ratio of 2.72 and a debt-to-equity ratio of 0.08.

Monotaro (OTCMKTS:MONOY - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.11 earnings per share for the quarter. The company had revenue of $561.57 million during the quarter, compared to analysts' expectations of $567.49 million. Monotaro had a return on equity of 33.81% and a net margin of 9.36%. As a group, equities analysts forecast that Monotaro will post 0.4 earnings per share for the current year.

About Monotaro

MonotaRO Co, Ltd., together with its subsidiaries, operates an online MRO products store in Japan and internationally. The company offers safety protective equipment, work clothes, and safety shoes; logistics, storage, and packing supplies; tapes; safety, disaster prevention, and crime prevention products; safety signs; ship and fishing supplies; office supplies; office furniture/lighting/cleaning supplies; cutting tools and abrasives; measurement and surveying equipment; hand tools/electric and pneumatic tools; sprays, oils, greases, and paints; adhesives and repair materials; welding supplies; and piping and water related components/pumps/pneumatic and hydraulic equipment/hoses.

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