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

Key Points

• Komatsu Ltd. experienced a significant trading volume spike, with 240,316 shares traded, representing a 52% increase from the previous session.
• The company's recent quarterly earnings fell short of analysts' expectations, with reported earnings of $0.69 per share versus the anticipated $0.74.
• Komatsu has a market cap of $32.63 billion and a P/E ratio of 11.25, indicating potential value compared to its earnings growth prospects.

Shares of Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) saw strong trading volume on Friday . 240,316 shares changed hands during mid-day trading, an increase of 52% from the previous session's volume of 157,975 shares.The stock last traded at $34.33 and had previously closed at $33.84.

Komatsu Stock Up 0.4%

The company's 50 day moving average is $32.84 and its 200 day moving average is $30.73. The company has a market cap of $32.47 billion, a PE ratio of 11.19, a P/E/G ratio of 6.86 and a beta of 0.99. The company has a current ratio of 2.00, a quick ratio of 1.15 and a debt-to-equity ratio of 0.15.

Komatsu (OTCMKTS:KMTUY - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.05). Komatsu had a net margin of 10.37% and a return on equity of 13.05%. The company had revenue of $6.12 billion during the quarter, compared to analysts' expectations of $6.49 billion. As a group, analysts predict that Komatsu Ltd. will post 2.73 earnings per share for the current fiscal 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.