Komatsu (OTCMKTS:KMTUY) Sees Unusually-High Trading Volume - Here's What Happened

Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 350,784 shares were traded during trading, an increase of 163% from the previous session's volume of 133,468 shares.The stock last traded at $31.69 and had previously closed at $31.31.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Komatsu from a "strong sell" rating to a "hold" rating in a research note on Monday, March 31st.

Komatsu Price Performance

The company has a market cap of $31.21 billion, a P/E ratio of 10.55, a PEG ratio of 5.80 and a beta of 0.95. The firm's 50-day moving average is $29.96 and its two-hundred day moving average is $29.18. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.91 and a quick ratio of 1.04.

Komatsu (OTCMKTS:KMTUY - Get Free Report) last posted its earnings results on Monday, April 28th. The industrial products company reported $0.92 earnings per share for the quarter, topping analysts' consensus estimates of $0.75 by $0.17. The firm had revenue of $8.03 billion for the quarter, compared to the consensus estimate of $1,082.32 billion. Komatsu had a net margin of 10.70% and a return on equity of 13.56%. Analysts anticipate that Komatsu Ltd. 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.