Komatsu Ltd. (OTCMKTS:KMTUY) Short Interest Up 642.3% in December

Komatsu Ltd. (OTCMKTS:KMTUY) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 12,968 shares, an increase of 642.3% from the December 15th total of 1,747 shares. Based on an average daily volume of 265,706 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 265,706 shares, the days-to-cover ratio is presently 0.0 days.

Komatsu Trading Up 2.2%

Shares of KMTUY traded up $0.75 during trading hours on Monday, hitting $34.54. 162,750 shares of the stock traded hands, compared to its average volume of 121,431. The business has a fifty day moving average of $32.64 and a 200-day moving average of $33.80. The firm has a market capitalization of $32.13 billion, a PE ratio of 11.48, a price-to-earnings-growth ratio of 4.96 and a beta of 1.02. Komatsu has a 1-year low of $24.75 and a 1-year high of $39.56. The company has a current ratio of 2.09, a quick ratio of 1.13 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 for the quarter, hitting the consensus estimate 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 return on equity of 12.41% and a net margin of 10.25%. Analysts expect that Komatsu will post 2.73 EPS for the current year.

Wall Street Analysts Forecast Growth

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

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.