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

Komatsu Ltd. (OTCMKTS:KMTUY) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totaling 12,968 shares, a growth 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. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 265,706 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded Komatsu from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Komatsu Trading Up 2.2%

OTCMKTS KMTUY opened at $34.54 on Tuesday. The firm has a market cap 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 stock has a 50-day moving average of $32.66 and a 200-day moving average of $33.81. 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 results on Wednesday, October 29th. The industrial products company reported $0.63 EPS for the quarter, hitting analysts’ consensus estimates of $0.63. The business had revenue of $6.45 billion for 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%. As a group, sell-side analysts forecast that Komatsu will post 2.73 EPS for the current year.

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.