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

Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 350,784 shares were traded during mid-day 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.

Analyst Upgrades and Downgrades

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

Komatsu Trading Up 2.2%

The company's 50 day moving average price is $30.04 and its two-hundred day moving average price is $29.22. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.91 and a quick ratio of 1.04. The stock has a market capitalization of $31.11 billion, a PE ratio of 10.52, a P/E/G ratio of 6.06 and a beta of 0.96.

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