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

Key Points

• Komatsu Ltd.'s stock price crossed above its 50-day moving average of $31.90, reaching a trading high of $37.27 before closing at $36.10 with a volume of 866,070 shares.
• The company recently reported earnings of $0.92 per share for the quarter, exceeding analyst expectations of $0.75, along with a revenue of $8.03 billion.
• The Goldman Sachs Group upgraded Komatsu shares from a "strong sell" rating to a "hold" rating on March 31st, indicating a change in market sentiment.

Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $31.90 and traded as high as $37.27. Komatsu shares last traded at $36.10, with a volume of 866,070 shares.

Komatsu Price Performance

The company has a quick ratio of 1.15, a current ratio of 2.00 and a debt-to-equity ratio of 0.15. The business's 50 day simple moving average is $32.06 and its two-hundred day simple moving average is $30.27. The stock has a market capitalization of $30.84 billion, a P/E ratio of 10.63, a price-to-earnings-growth ratio of 6.24 and a beta of 0.96.

Komatsu (OTCMKTS:KMTUY - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $0.69 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.05). The firm had revenue of $6.12 billion for the quarter, compared to analysts' expectations of $6.49 billion. Komatsu had a net margin of 10.37% and a return on equity of 13.05%. As a group, sell-side analysts forecast 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.