Monotaro (OTCMKTS:MONOY) Sees Large Volume Increase - What's Next?

Key Points

• Unusually high trading volume: Approximately 815,227 shares traded (a 393% increase from the prior session) and the stock rose about 3.3% to $11.85.
• Recent results and valuation: Monotaro reported quarterly EPS of $0.12 on $600.38M in revenue with a 9.72% net margin and 28.03% ROE; it trades at a P/E of 27.49 with a market cap around $6.06 billion and analysts expect ~0.49 EPS for the year.
• Business profile and technicals: The company is a Japan-based e-commerce platform for MRO supplies offering millions of SKUs and same/next-day shipping, and its 50-day moving average ($11.67) sits below the 200-day ($13.39), indicating shorter-term weakness versus the longer-term trend.

Monotaro (OTCMKTS:MONOY - Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 815,227 shares traded hands during mid-day trading, an increase of 393% from the previous session's volume of 165,237 shares.The stock last traded at $11.85 and had previously closed at $11.71.

Monotaro Stock Up 3.3%

The firm's 50-day moving average price is $11.67 and its 200 day moving average price is $13.39. The firm has a market capitalization of $6.06 billion, a price-to-earnings ratio of 27.49 and a beta of 1.11. 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 released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.12 EPS for the quarter. The business had revenue of $600.38 million for the quarter. Monotaro had a net margin of 9.72% and a return on equity of 28.03%. Sell-side analysts expect that Monotaro will post 0.49 EPS 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.