Komatsu (OTCMKTS:KMTUY) Share Price Passes Above 50 Day Moving Average - Should You Sell?

Shares of Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $31.08 and traded as high as $33.53. Komatsu shares last traded at $32.54, with a volume of 53,407 shares changing hands.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised 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 50 day moving average of $31.15 and a two-hundred day moving average of $29.76. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.15 and a current ratio of 2.00. The firm has a market capitalization of $31.33 billion, a P/E ratio of 10.59, a P/E/G ratio of 6.37 and a beta of 0.96.

Komatsu (OTCMKTS:KMTUY - Get Free Report) last released its earnings results on Monday, April 28th. The industrial products company reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.17. The firm had revenue of $8.03 billion for the quarter, compared to analyst estimates of $1,082.32 billion. Komatsu had a return on equity of 13.39% and a net margin of 10.70%. Sell-side analysts predict 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.