MonotaRO (OTCMKTS:MONOY) Stock Passes Below 50-Day Moving Average – What’s Next?

Shares of MonotaRO Co., Ltd. (OTCMKTS:MONOY) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $16.93 and traded as low as $16.12. MonotaRO shares last traded at $16.45, with a volume of 28,804 shares traded.

MonotaRO Stock Performance

The company has a 50-day simple moving average of $16.93 and a two-hundred day simple moving average of $16.75. The company has a quick ratio of 2.01, a current ratio of 2.58 and a debt-to-equity ratio of 0.01. The firm has a market cap of $8.25 billion, a PE ratio of 38.26 and a beta of 0.74.

MonotaRO (OTCMKTS:MONOY) last issued its earnings results on Friday, January 31st. The company reported $0.18 earnings per share (EPS) for the quarter. MonotaRO had a return on equity of 33.75% and a net margin of 9.09%. As a group, equities research analysts forecast that MonotaRO Co., Ltd. will post 0.4 earnings per share for the current year.

MonotaRO Company Profile

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.