Komatsu (OTCMKTS:KMTUY) Shares Gap Down - Time to Sell?

Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report)'s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $30.59, but opened at $29.73. Komatsu shares last traded at $30.92, with a volume of 33,700 shares.

Wall Street Analysts Forecast Growth

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 Trading Down 2.5%

The company has a quick ratio of 1.04, a current ratio of 1.91 and a debt-to-equity ratio of 0.16. The firm's 50 day simple moving average is $29.75 and its two-hundred day simple moving average is $29.08. The stock has a market capitalization of $28.52 billion, a P/E ratio of 9.64, a P/E/G ratio of 5.70 and a beta of 0.96.

Komatsu (OTCMKTS:KMTUY - Get Free Report) last posted its earnings results on Monday, April 28th. The industrial products company reported $0.92 EPS 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 company had revenue of $8.03 billion during the quarter, compared to the consensus estimate of $1,082.32 billion. As a group, analysts forecast that Komatsu Ltd. will post 2.73 earnings per share for the current fiscal 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.