Komatsu (OTCMKTS:KMTUY) Sees Large Volume Increase – Here’s What Happened

Komatsu Ltd. (OTCMKTS:KMTUY) saw unusually-high trading volume on Thursday . Approximately 312,140 shares were traded during mid-day trading, an increase of 94% from the previous session’s volume of 161,148 shares.The stock last traded at $35.86 and had previously closed at $35.47.

Analyst Ratings Changes

Separately, Zacks Research raised Komatsu from a “strong sell” rating to a “hold” rating in a report on Monday. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Komatsu presently has a consensus rating of “Hold”.

Komatsu Stock Up 1.0%

The company has a quick ratio of 1.13, a current ratio of 2.09 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $33.32 billion, a PE ratio of 11.90, a PEG ratio of 5.17 and a beta of 1.02. The firm’s fifty day moving average is $32.84 and its 200-day moving average is $33.91.

Komatsu (OTCMKTS:KMTUY) last announced its quarterly earnings data on Wednesday, October 29th. The industrial products company reported $0.63 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.63. The company had revenue of $6.45 billion for the quarter, compared to analyst estimates 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 predict 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.