Komatsu (OTCMKTS:KMTUY) Sees Large Volume Increase – What’s Next?

Shares of Komatsu Ltd. (OTCMKTS:KMTUY) saw unusually-strong trading volume on Friday . Approximately 375,032 shares traded hands during trading, an increase of 130% from the previous session’s volume of 163,231 shares.The stock last traded at $31.75 and had previously closed at $31.33.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut Komatsu from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 26th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Komatsu Stock Down 0.3%

The business’s 50 day simple moving average is $33.71 and its 200 day simple moving average is $33.62. The company has a current ratio of 2.09, a quick ratio of 1.13 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $30.33 billion, a PE ratio of 10.59, a PEG ratio of 4.68 and a beta of 1.04.

Komatsu (OTCMKTS:KMTUY) last announced its earnings results on Wednesday, October 29th. The industrial products company reported $0.63 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.63. The firm had revenue of $6.45 billion for the quarter, compared to analysts’ expectations of $6.56 billion. Komatsu had a net margin of 10.25% and a return on equity of 12.41%. On average, equities research analysts forecast that Komatsu Ltd. will post 2.73 earnings per share for the current year.

About Komatsu

Komatsu Ltd. (OTCMKTS: KMTUY) is a Japanese multinational manufacturer of construction, mining and industrial equipment. Founded in the early 20th century in Komatsu, Ishikawa Prefecture, the company has grown into a global supplier of heavy machinery and related services for industries including construction, mining, forestry and infrastructure development.

Komatsu’s product lineup covers a broad range of mobile and stationary equipment, including hydraulic excavators, bulldozers, wheel loaders, rigid and articulated dump trucks, dozers, compact equipment, and specialized mining machines for both surface and underground operations.