Komatsu Ltd. (OTCMKTS:KMTUY) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totalling 67,400 shares, a growth of 46.8% from the August 15th total of 45,900 shares. Based on an average daily trading volume, of 410,700 shares, the days-to-cover ratio is currently 0.2 days.
Komatsu stock opened at $25.23 on Tuesday. The stock has a market cap of $24.55 billion, a P/E ratio of 19.41, a P/E/G ratio of 0.53 and a beta of 1.32. The company has a quick ratio of 1.20, a current ratio of 2.00 and a debt-to-equity ratio of 0.27. Komatsu has a twelve month low of $21.65 and a twelve month high of $32.30. The company’s 50-day moving average price is $25.05 and its two-hundred day moving average price is $27.73.
Several equities research analysts have commented on KMTUY shares. The Goldman Sachs Group cut shares of Komatsu from a “neutral” rating to a “sell” rating in a research report on Friday, June 4th. Zacks Investment Research raised shares of Komatsu from a “sell” rating to a “hold” rating in a report on Tuesday, August 3rd.
Komatsu Ltd. engages in the manufacture and sale of construction and mining equipment, utility devices, forest and industrial machineries. It operates through the following business segments: Construction Machinery and Vehicles, Retail Finance, Industrial Machinery, and Others. The Construction Machinery and Vehicle segment covers machineries for mining, loading, transportation, underground construction, and recycling.
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