Komatsu (OTCMKTS:KMTUY) Shares Cross Above 50 Day Moving Average - Should You Sell?

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 traded.

Wall Street Analyst Weigh In

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

Komatsu Stock Performance

The stock has a market cap of $31.33 billion, a P/E ratio of 10.59, a PEG ratio of 6.46 and a beta of 0.96. The company has a fifty day moving average of $31.22 and a 200 day moving average of $29.81. 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 posted its quarterly earnings results on Monday, April 28th. The industrial products company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.17. The company had revenue of $8.03 billion for the quarter, compared to analysts' expectations of $1,082.32 billion. Komatsu had a return on equity of 13.39% and a net margin of 10.70%. On average, equities 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.