Short Interest in Komatsu Ltd. (OTCMKTS:KMTUY) Grows By 52.1%

Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) was the recipient of a large growth in short interest in 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. Approximately 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 93,600 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analyst Weigh In

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

Komatsu Stock Down 0.6%

Shares of KMTUY stock opened at $30.77 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.04 and a current ratio of 1.91. The firm's 50-day moving average is $29.41 and its 200-day moving average is $28.98. The stock has a market cap of $29.26 billion, a price-to-earnings ratio of 10.91, a PEG ratio of 2.29 and a beta of 0.96. Komatsu has a 52-week low of $24.05 and a 52-week high of $32.30.

Komatsu (OTCMKTS:KMTUY - Get Free Report) last issued 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 company had revenue of $8.03 billion for the quarter, compared to analysts' expectations of $1,082.32 billion. Komatsu had a net margin of 9.89% and a return on equity of 12.39%. Sell-side analysts predict that Komatsu will post 2.73 EPS for the current 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.

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