Komatsu (OTCMKTS:KMTUY) Shares Gap Down – Should You Sell?

Komatsu Ltd. (OTCMKTS:KMTUY) gapped down prior to trading on Wednesday . The stock had previously closed at $32.70, but opened at $31.35. Komatsu shares last traded at $32.41, with a volume of 15,287 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered Komatsu from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Komatsu presently has an average rating of “Reduce”.

Komatsu Stock Performance

The stock has a fifty day moving average price of $34.36 and a 200 day moving average price of $33.45. The company has a current ratio of 2.09, a quick ratio of 1.15 and a debt-to-equity ratio of 0.18. The firm has a market cap of $31.72 billion, a price-to-earnings ratio of 11.08, a price-to-earnings-growth ratio of 4.80 and a beta of 1.04.

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