Komatsu Ltd. (OTCMKTS:KMTUY) Short Interest Down 44.9% in April

Komatsu Ltd. (OTCMKTS:KMTUYGet Rating) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 64,500 shares, a decrease of 44.9% from the March 31st total of 117,100 shares. Based on an average daily volume of 194,800 shares, the days-to-cover ratio is currently 0.3 days.

Shares of KMTUY traded down $0.05 during mid-day trading on Friday, reaching $22.56. The company’s stock had a trading volume of 115,694 shares, compared to its average volume of 90,811. Komatsu has a 12-month low of $21.32 and a 12-month high of $31.52. The stock has a market cap of $21.95 billion, a PE ratio of 10.69, a price-to-earnings-growth ratio of 0.33 and a beta of 1.26. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.82 and a quick ratio of 1.07. The company’s 50 day moving average is $23.45 and its 200 day moving average is $24.32.

Komatsu (OTCMKTS:KMTUYGet Rating) last released its quarterly earnings data on Monday, January 31st. The industrial products company reported $0.58 EPS for the quarter. Komatsu had a return on equity of 9.37% and a net margin of 7.25%. The business had revenue of $6.37 billion for the quarter. As a group, sell-side analysts anticipate that Komatsu will post 2.25 EPS for the current fiscal year.

Separately, Zacks Investment Research upgraded Komatsu from a “sell” rating to a “hold” rating in a report on Friday, April 22nd.

About Komatsu (Get Rating)

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment; and forest and industrial machinery worldwide. The company operates through three segments: Construction, Mining and Utility Equipment; Retail Finance; and Industrial Machinery and Others. It offers construction and mining equipment, including electric rope shovels, continuous miners, hydraulic excavators, wheel loaders, bulldozers, motor graders, dump trucks, mini excavators, utility equipment, and other mining equipment.

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