Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 33,200 shares, a growth of 290.6% from the September 30th total of 8,500 shares. Based on an average daily volume of 174,100 shares, the short-interest ratio is presently 0.2 days.
Shares of OTCMKTS:KMTUY traded down $0.05 on Friday, reaching $25.81. 132,704 shares of the company's stock were exchanged, compared to its average volume of 119,697. Komatsu has a fifty-two week low of $22.39 and a fifty-two week high of $32.16. The business's 50-day moving average is $27.12 and its two-hundred day moving average is $28.43. The firm has a market capitalization of $25.13 billion, a price-to-earnings ratio of 8.84, a PEG ratio of 9.04 and a beta of 1.05.
Komatsu (OTCMKTS:KMTUY - Get Free Report) last released its quarterly earnings data on Monday, July 29th. The industrial products company reported $0.75 earnings per share for the quarter. Komatsu had a net margin of 10.33% and a return on equity of 13.14%. The business had revenue of $6.16 billion for the quarter. Analysts predict that Komatsu will post 2.68 earnings per share for the current fiscal year.
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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Komatsu, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Komatsu wasn't on the list.
While Komatsu currently has a "Sell" rating among analysts, top-rated analysts believe these five stocks are better buys.