Komatsu (OTCMKTS:KMTUY) Hits New 1-Year High - Here's What Happened

Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) shares reached a new 52-week high during trading on Friday . The stock traded as high as $33.82 and last traded at $33.10, with a volume of 50892 shares changing hands. The stock had previously closed at $32.90.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded shares of Komatsu from a "strong sell" rating to a "hold" rating in a report on Monday, March 31st.

Komatsu Trading Up 2.8%

The company has a quick ratio of 1.15, a current ratio of 2.00 and a debt-to-equity ratio of 0.15. The business's fifty day moving average is $31.22 and its 200 day moving average is $29.83. The firm has a market capitalization of $32.47 billion, a price-to-earnings ratio of 10.98, a price-to-earnings-growth ratio of 6.46 and a beta of 0.96.

Komatsu (OTCMKTS:KMTUY - Get Free Report) last released its earnings results on Monday, April 28th. The industrial products company reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.17. Komatsu had a net margin of 10.70% and a return on equity of 13.39%. The business had revenue of $8.03 billion during the quarter, compared to the consensus estimate of $1,082.32 billion. Equities analysts predict that Komatsu Ltd. will post 2.73 earnings per share for the current year.

Komatsu Company Profile

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.