Komatsu (OTCMKTS:KMTUY) Sets New 1-Year High - Time to Buy?

Shares of Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $32.30 and last traded at $31.03, with a volume of 45739 shares. The stock had previously closed at $31.17.

Analyst Ratings Changes

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

Komatsu Price Performance

The stock has a fifty day simple moving average of $29.21 and a two-hundred day simple moving average of $28.90. The company has a current ratio of 1.91, a quick ratio of 1.04 and a debt-to-equity ratio of 0.16. The company has a market cap of $29.44 billion, a PE ratio of 10.98, a price-to-earnings-growth ratio of 2.29 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 analysts' consensus estimates of $0.75 by $0.17. Komatsu had a net margin of 9.89% and a return on equity of 12.39%. The company had revenue of $8.03 billion for the quarter, compared to the consensus estimate of $1,082.32 billion. On average, equities analysts predict that Komatsu Ltd. will post 2.73 EPS 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.