Komatsu Ltd. (OTCMKTS:KMTUY) Sees Significant Growth in Short Interest

Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 33,200 shares, an increase of 290.6% from the September 30th total of 8,500 shares. Based on an average daily volume of 174,100 shares, the short-interest ratio is currently 0.2 days.

Komatsu Stock Performance

Komatsu stock traded down $0.05 on Friday, reaching $25.81. The company's stock had a trading volume of 132,704 shares, compared to its average volume of 119,697. Komatsu has a twelve month low of $22.39 and a twelve month high of $32.16. The company has a market cap of $25.13 billion, a price-to-earnings ratio of 8.84, a PEG ratio of 9.04 and a beta of 1.05. The business's fifty day moving average price is $27.12 and its 200 day moving average price is $28.43.

Komatsu (OTCMKTS:KMTUY - Get Free Report) last announced its quarterly earnings results on Monday, July 29th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter. The company had revenue of $6.16 billion during the quarter. Komatsu had a return on equity of 13.14% and a net margin of 10.33%. As a group, equities analysts forecast that Komatsu will post 2.68 earnings per share for the current year.

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.