Komatsu Ltd. (OTCMKTS:KMTUY) Short Interest Update

Komatsu Ltd. (OTCMKTS:KMTUY) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 146,094 shares, an increase of 1,026.6% from the December 31st total of 12,968 shares. Based on an average trading volume of 245,230 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 245,230 shares, the short-interest ratio is currently 0.6 days.

Komatsu Stock Up 6.4%

KMTUY stock traded up $2.37 during mid-day trading on Thursday, reaching $39.23. The company had a trading volume of 159,438 shares, compared to its average volume of 144,350. The company has a market capitalization of $36.50 billion, a price-to-earnings ratio of 13.03, a PEG ratio of 5.43 and a beta of 1.02. Komatsu has a 52 week low of $24.75 and a 52 week high of $39.56. The stock has a 50 day simple moving average of $33.16 and a two-hundred day simple moving average of $34.03. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.09 and a quick ratio of 1.13.

Komatsu (OTCMKTS:KMTUY) last released its earnings results on Wednesday, October 29th. The industrial products company reported $0.63 earnings per share for the quarter, meeting 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 during the quarter, compared to analysts’ expectations of $6.56 billion. As a group, equities analysts predict that Komatsu will post 2.73 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Komatsu from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Komatsu has a consensus rating of “Hold”.

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.