Komatsu Ltd. (OTCMKTS:KMTUY) Short Interest Up 1,026.6% in January

Komatsu Ltd. (OTCMKTS:KMTUY) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 146,094 shares, a growth of 1,026.6% from the December 31st total of 12,968 shares. Based on an average daily trading volume, of 245,230 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 245,230 shares, the short-interest ratio is presently 0.6 days.

Komatsu Price Performance

Shares of OTCMKTS:KMTUY traded down $0.24 during trading on Wednesday, hitting $36.76. 36,082 shares of the stock were exchanged, compared to its average volume of 148,091. The company has a market cap of $34.19 billion, a PE ratio of 12.21, a P/E/G ratio of 5.27 and a beta of 1.02. 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 company has a fifty day moving average price of $33.06 and a two-hundred day moving average price of $34.01. Komatsu has a 12-month low of $24.75 and a 12-month high of $39.56.

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

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Komatsu from a “strong sell” rating to a “hold” rating in a research note on Monday, January 19th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

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.