Zacks Investment Research lowered shares of Komatsu (OTCMKTS:KMTUY) from a strong-buy rating to a hold rating in a report published on Tuesday morning.
According to Zacks, “KOMATSU LTD., headquartered in Tokyo, Japan, is the world’s second largest manufacturer of earthmoving and construction machines, with annual revenues of 7,580 million euros (9.2 billion US$) and more than 30.000 employees worldwide. “
Separately, ValuEngine lowered Komatsu from a buy rating to a hold rating in a research note on Wednesday, December 20th.
Komatsu (OTCMKTS KMTUY) opened at $37.92 on Tuesday. The company has a market capitalization of $36,210.00, a price-to-earnings ratio of 22.70, a PEG ratio of 1.42 and a beta of 1.07. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.84 and a current ratio of 1.45. Komatsu has a 52 week low of $22.50 and a 52 week high of $37.99.
Komatsu Ltd. is a provider of industrial-use products and services. The Company is engaged in the business of construction and mining equipment, industrial machinery and vehicles, logistics, electronics and other solutions-based operations. Its DANTOTSU service includes KOMTRAX, which is a machine tracking system whose terminals are installed on construction equipment to transmit information concerning the location, cumulative hours of operation and operating condition of vehicles, and KOMTRAX Plus, which is used in mining.
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