Komatsu Ltd. (OTCMKTS:KMTUY) Short Interest Up 335.5% in July

Key Points

• Komatsu Ltd. experienced a dramatic increase in short interest of 335.5% in July, totaling 46,600 shares by month-end.
• The company's quarterly earnings report showed an EPS of $0.69, falling short of analysts' estimates of $0.74, alongside revenue of $6.12 billion versus the expected $6.49 billion.
• As of Friday, shares of Komatsu traded up to $34.35, with a market capitalization of approximately $32.67 billion and a P/E ratio of 11.26.

Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 46,600 shares, agrowthof335.5% from the July 15th total of 10,700 shares. Based on an average daily trading volume, of 741,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately0.0% of the shares of the company are sold short. Approximately0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 741,900 shares, the days-to-cover ratio is currently 0.1 days.

Komatsu Stock Performance

Shares of KMTUY traded up $0.51 during midday trading on Friday, reaching $34.35. 263,621 shares of the stock were exchanged, compared to its average volume of 158,647. The company has a market cap of $32.67 billion, a P/E ratio of 11.26, a PEG ratio of 6.95 and a beta of 0.99. The stock's 50 day simple moving average is $32.66 and its 200 day simple moving average is $30.63. Komatsu has a twelve month low of $24.54 and a twelve month high of $37.27. The company has a quick ratio of 1.15, a current ratio of 2.00 and a debt-to-equity ratio of 0.15.

Komatsu (OTCMKTS:KMTUY - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $0.69 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.05). The company had revenue of $6.12 billion during the quarter, compared to analyst estimates of $6.49 billion. Komatsu had a net margin of 10.37% and a return on equity of 13.05%. On average, sell-side analysts expect that Komatsu will post 2.73 earnings per share for the current year.

About Komatsu

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment in Japan, the Americas, Europe, China, Rest of Asia, Oceania, the Middle East, Africa, and CIS countries. It operates through three segments: Construction, Mining and Utility Equipment; Retail Finance; and Industrial Machinery and Others.

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