Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) saw a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 29,500 shares, a growth of 52.1% from the May 15th total of 19,400 shares. Based on an average daily volume of 93,600 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group upgraded shares of Komatsu from a "strong sell" rating to a "hold" rating in a report on Monday, March 31st.
Get Our Latest Analysis on KMTUY
Komatsu Price Performance
Shares of KMTUY traded up $0.17 during trading hours on Thursday, reaching $30.76. 143,464 shares of the stock traded hands, compared to its average volume of 66,998. The company has a current ratio of 1.91, a quick ratio of 1.04 and a debt-to-equity ratio of 0.16. Komatsu has a 52-week low of $24.05 and a 52-week high of $32.30. The company's 50-day moving average price is $29.63 and its two-hundred day moving average price is $29.03. The company has a market cap of $29.25 billion, a P/E ratio of 9.89, a price-to-earnings-growth ratio of 5.67 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 for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $1,082.32 billion. On average, analysts anticipate that Komatsu will post 2.73 earnings per share for the current year.
Komatsu Company Profile
(
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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.
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