Komatsu Ltd. (OTCMKTS:KMTUY) Short Interest Up 335.0% in April

Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 129,200 shares, an increase of 335.0% from the March 31st total of 29,700 shares. Based on an average trading volume of 421,600 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company's stock are short sold.

Komatsu Stock Down 0.1 %

Komatsu stock traded down $0.03 on Friday, hitting $28.36. 72,560 shares of the stock traded hands, compared to its average volume of 130,524. Komatsu has a 1 year low of $24.05 and a 1 year high of $32.16. The firm has a market cap of $26.97 billion, a P/E ratio of 10.06, a price-to-earnings-growth ratio of 2.29 and a beta of 0.99. The company has a current ratio of 1.91, a quick ratio of 1.04 and a debt-to-equity ratio of 0.16. The business's fifty day simple moving average is $29.24 and its 200 day simple moving average is $28.16.

Komatsu (OTCMKTS:KMTUY - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The industrial products company reported $0.77 earnings per share (EPS) for the quarter. Komatsu had a net margin of 9.89% and a return on equity of 12.39%. As a group, sell-side analysts forecast that Komatsu will post 2.73 earnings per share for the current year.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised Komatsu from a "strong sell" rating to a "hold" rating in a research report on Monday, March 31st.

About Komatsu

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.

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