Komatsu (OTCMKTS:KMTUY) Shares Gap Down – Should You Sell?

Komatsu Ltd. (OTCMKTS:KMTUY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $31.84, but opened at $30.65. Komatsu shares last traded at $31.7401, with a volume of 5,378 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered Komatsu from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 26th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Komatsu has an average rating of “Reduce”.

Komatsu Trading Up 0.1%

The company has a debt-to-equity ratio of 0.18, a current ratio of 2.09 and a quick ratio of 1.13. The company has a market capitalization of $30.31 billion, a P/E ratio of 10.59, a price-to-earnings-growth ratio of 4.68 and a beta of 1.04. The firm has a fifty day moving average price of $33.46 and a 200-day moving average price of $33.63.

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

Komatsu Company Profile

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.