Komatsu Ltd. (OTCMKTS:KMTUY) Short Interest Update

Komatsu Ltd. (OTCMKTS:KMTUY) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 19,643 shares, a decrease of 69.7% from the June 30th total of 64,784 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 298,173 shares, the days-to-cover ratio is presently 0.1 days.

Komatsu Stock Performance

Komatsu stock traded down $0.43 during trading on Tuesday, reaching $41.52. The company had a trading volume of 44,072 shares, compared to its average volume of 154,346. The firm has a market capitalization of $38.63 billion, a price-to-earnings ratio of 15.10, a price-to-earnings-growth ratio of 2.27 and a beta of 1.05. The company has a current ratio of 2.11, a quick ratio of 1.19 and a debt-to-equity ratio of 0.18. The firm’s 50-day simple moving average is $40.43 and its 200 day simple moving average is $41.65. Komatsu has a 52 week low of $30.65 and a 52 week high of $52.74.

Komatsu (OTCMKTS:KMTUY) last posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.69 by $0.06. The firm had revenue of $7.62 billion for the quarter, compared to the consensus estimate of $7.11 billion. Komatsu had a return on equity of 10.61% and a net margin of 9.12%. Sell-side analysts forecast that Komatsu will post 2.59 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded Komatsu from a “hold” rating to a “strong sell” rating in a report on Thursday, July 2nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

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.