Komatsu (OTCMKTS:KMTUY) Sees Strong Trading Volume - What's Next?

Key Points

• Komatsu shares experienced a significant trading volume surge of 120%, with approximately 338,099 shares traded compared to the previous day's 153,382 shares.
• The company’s stock price fell by 6.4%, trading at $34.05, down from a previous close of $36.10.
• Goldman Sachs upgraded Komatsu’s stock rating from "strong sell" to "hold" as part of recent analyst updates.

Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) shares saw strong trading volume on Tuesday . 338,099 shares changed hands during trading, an increase of 120% from the previous session's volume of 153,382 shares.The stock last traded at $34.05 and had previously closed at $36.10.

Komatsu Stock Up 0.1%

The stock has a market capitalization of $30.87 billion, a price-to-earnings ratio of 10.64, a price-to-earnings-growth ratio of 6.24 and a beta of 0.96. The business's 50-day moving average is $32.06 and its two-hundred day moving average is $30.27. 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 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.05). The business had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.49 billion. Komatsu had a return on equity of 13.05% and a net margin of 10.37%. Equities analysts anticipate that Komatsu Ltd. will post 2.73 EPS 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.