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

Komatsu Ltd. (OTCMKTS:KMTUY) was the target of a large decline in short interest in August. As of August 31st, there was short interest totalling 28,500 shares, a decline of 43.0% from the August 15th total of 50,000 shares. Based on an average trading volume of 163,500 shares, the days-to-cover ratio is currently 0.2 days.

Komatsu Stock Down 0.7 %

Komatsu stock traded down $0.20 during trading hours on Friday, hitting $29.93. 71,313 shares of the stock traded hands, compared to its average volume of 93,568. The firm’s 50-day moving average price is $28.07 and its two-hundred day moving average price is $26.09. The company has a current ratio of 2.01, a quick ratio of 1.11 and a debt-to-equity ratio of 0.21. The company has a market cap of $29.15 billion, a PE ratio of 11.00, a PEG ratio of 1.16 and a beta of 1.26. Komatsu has a one year low of $17.11 and a one year high of $31.03.

Komatsu (OTCMKTS:KMTUY) last released its earnings results on Friday, July 28th. The industrial products company reported $0.81 earnings per share (EPS) for the quarter. Komatsu had a net margin of 9.56% and a return on equity of 13.13%. The firm had revenue of $6.55 billion during the quarter. On average, research analysts forecast that Komatsu will post 2.63 EPS for the current year.

Komatsu Company Profile

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 excavators, wheel loaders, and bulldozers, motor graders, dump truck, rope and hybrid shovels, electric wheel loaders, continuous miners, and jumbo drills; The company also provides forestry equipment, including harvesters, forwarders, feller bunchers, excavators, mini excavators, and forklifts; demolition, waste, and recycling equipment, such as mobile crushers, hydraulic excavators, wheel loaders, and mini shovels; material handling equipment; and tunnel-boring machines, pipe layers, towing tractors, and engines.