Monotaro (OTCMKTS:MONOY) Hits New 12-Month Low - Should You Sell?

Key Points

• 52-week low: Monotaro shares fell to a new 52-week low of $10.73 (last at $10.79) on Monday, trading about below its 50-day and 200-day simple moving averages of $12.94 and $13.99, respectively, suggesting recent downward momentum.
• Analyst view shifted: Goldman Sachs upgraded the stock from "strong sell" to "hold" on Dec. 14, and the consensus from two analysts on MarketBeat is currently a "Hold."
• Fundamentals: The company has a $5.36 billion market cap and a P/E of 24.28, reported $0.12 EPS on $600.38 million revenue last quarter, and carries low leverage with a debt-to-equity ratio of 0.11 while analysts forecast about $0.40 EPS for the year.

Monotaro (OTCMKTS:MONOY - Get Free Report)'s share price hit a new 52-week low on Monday . The company traded as low as $10.73 and last traded at $10.79, with a volume of 25996 shares traded. The stock had previously closed at $10.86.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of Monotaro from a "strong sell" rating to a "hold" rating in a research report on Sunday, December 14th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Monotaro currently has a consensus rating of "Hold".

Monotaro Price Performance

The business's 50-day simple moving average is $12.94 and its two-hundred day simple moving average is $13.99. The stock has a market cap of $5.36 billion, a price-to-earnings ratio of 24.28 and a beta of 1.00. 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 - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.12 EPS for the quarter. The company had revenue of $600.38 million during the quarter. Monotaro had a return on equity of 28.03% and a net margin of 9.72%. Research analysts expect that Monotaro will post 0.4 earnings per share for the current 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.

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