Komatsu Ltd. (OTCMKTS:KMTUY) Short Interest Up 10.6% in August - MarketBeat

2022-09-10 03:30:58 By : Ms. Kitty Deng

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Komatsu Ltd. (OTCMKTS:KMTUY - Get Rating) saw a significant increase in short interest in August. As of August 15th, there was short interest totalling 17,800 shares, an increase of 10.6% from the July 31st total of 16,100 shares. Based on an average daily trading volume, of 208,000 shares, the short-interest ratio is currently 0.1 days. Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group cut Komatsu from a "buy" rating to a "hold" rating in a research note on Tuesday, August 23rd.Komatsu Stock Performance

Shares of KMTUY stock traded down $0.16 during mid-day trading on Tuesday, hitting $21.08. 125,090 shares of the stock were exchanged, compared to its average volume of 142,135. The stock's fifty day simple moving average is $21.60 and its two-hundred day simple moving average is $23.07. The stock has a market capitalization of $20.51 billion, a price-to-earnings ratio of 8.97, a P/E/G ratio of 1.60 and a beta of 1.18. Komatsu has a 12-month low of $20.10 and a 12-month high of $28.08. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.08 and a current ratio of 1.83.

Komatsu (OTCMKTS:KMTUY - Get Rating) last issued its quarterly earnings data on Friday, July 29th. The industrial products company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.07. Komatsu had a return on equity of 11.31% and a net margin of 9.01%. The company had revenue of $5.90 billion for the quarter, compared to analyst estimates of $6.32 billion. On average, analysts forecast that Komatsu will post 2.25 EPS for the current year. About Komatsu (Get Rating)

Komatsu Ltd. manufactures and sells construction, mining, and utility equipment; and forest and industrial machinery worldwide. The company operates through three segments: Construction, Mining and Utility Equipment; Retail Finance; and Industrial Machinery and Others. It offers construction and mining equipment, including electric rope shovels, continuous miners, hydraulic excavators, wheel loaders, bulldozers, motor graders, dump trucks, mini excavators, utility equipment, and other mining equipment.Featured ArticlesGet a free copy of the StockNews.com research report on Komatsu (KMTUY)Shock Absorbers: 3 Low Volatility Dividend Stocks for Bumpy TimesThe Retail Sector: Winners And Losers From Q2 Earnings Can Targa Continue Rallying To Meet Its Price Target? Is Unity Software Ready To Rally After Rejecting AppLovin Offer?MarketBeat Podcast: The Time For Cloud Stocks May Be Now

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