Komatsu (OTCMKTS:KMTUY) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Shares of Komatsu Ltd. (OTCMKTS:KMTUY) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $32.95 and traded as low as $32.69. Komatsu shares last traded at $33.66, with a volume of 46,577 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Komatsu from a “strong sell” rating to a “hold” rating in a research note on Monday, October 27th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Komatsu Price Performance

The firm has a market cap of $32.01 billion, a P/E ratio of 11.18, a PEG ratio of 4.95 and a beta of 1.01. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.00 and a quick ratio of 1.15. The stock’s 50-day simple moving average is $35.19 and its two-hundred day simple moving average is $32.95.

Komatsu (OTCMKTS:KMTUY) last released its quarterly earnings results on Wednesday, October 29th. The industrial products company reported $0.63 EPS for the quarter, hitting analysts’ consensus estimates of $0.63. The firm had revenue of $6.45 billion during the quarter, compared to analysts’ expectations of $6.56 billion. Komatsu had a net margin of 10.25% and a return on equity of 12.62%. Equities research analysts forecast that Komatsu Ltd. will post 2.73 earnings per share for the current fiscal year.

Komatsu Company Profile

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.