Komatsu (OTCMKTS:KMTUY) Sees Unusually-High Trading Volume - Still a Buy?

Key Points

• Komatsu Ltd. shares experienced a significant increase in trading volume, with approximately 413,019 shares traded—up 176% from the previous session.
• Zacks Research has downgraded Komatsu's rating from a "hold" to a "strong sell", with the average rating now at "Reduce."
• Komatsu reported a missed EPS estimate for their last quarterly earnings, with an actual EPS of $0.69, falling short of the consensus estimate of $0.74.

Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 413,019 shares changed hands during trading, an increase of 176% from the previous session's volume of 149,816 shares.The stock last traded at $35.65 and had previously closed at $35.91.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of Komatsu from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 26th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Komatsu has an average rating of "Reduce".

Komatsu Stock Performance

The stock's 50-day moving average price is $34.40 and its 200 day moving average price is $31.58. The firm has a market cap of $33.64 billion, a P/E ratio of 11.60, a price-to-earnings-growth ratio of 5.08 and a beta of 0.97. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.00 and a quick ratio of 1.15.

Komatsu (OTCMKTS:KMTUY - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $0.69 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.05). Komatsu had a return on equity of 13.05% and a net margin of 10.37%.The business had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $6.49 billion. As a group, equities analysts predict 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.

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