Komatsu Ltd. (OTCMKTS:KMTUY) Short Interest Down 96.4% in December

Komatsu Ltd. (OTCMKTS:KMTUY) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 1,775 shares, a decrease of 96.4% from the November 30th total of 49,788 shares. Based on an average daily volume of 213,895 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 213,895 shares, the days-to-cover ratio is currently 0.0 days.

Komatsu Stock Performance

OTCMKTS KMTUY traded up $0.03 during trading on Wednesday, hitting $31.87. The company’s stock had a trading volume of 45,336 shares, compared to its average volume of 124,282. Komatsu has a 52 week low of $24.75 and a 52 week high of $39.56. The firm has a market cap of $30.31 billion, a P/E ratio of 10.59, a price-to-earnings-growth ratio of 4.68 and a beta of 1.04. The firm has a 50 day moving average price of $33.54 and a 200 day moving average price of $33.64. The company has a quick ratio of 1.13, a current ratio of 2.09 and a debt-to-equity ratio of 0.18.

Komatsu (OTCMKTS:KMTUY) last announced its quarterly earnings data on Wednesday, October 29th. The industrial products company reported $0.63 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 for the quarter, compared to the consensus estimate of $6.56 billion. Equities research analysts forecast that Komatsu will post 2.73 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of Komatsu from a “hold” rating to a “strong sell” rating in a research note 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 company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce”.

Komatsu Company Profile

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.