Komatsu Ltd. (KMTUY) Upgraded by Zacks Investment Research to “Hold”
Komatsu Ltd. (OTCMKTS:KMTUY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.
According to Zacks, “KOMATSU LTD., headquartered in Tokyo, Japan, is the world’s second largest manufacturer of earthmoving and construction machines, with annual revenues of 7,580 million euros (9.2 billion US$) and more than 30.000 employees worldwide. “
Komatsu (OTCMKTS:KMTUY) traded down 0.44% during trading on Tuesday, hitting $22.62. The company has a 50-day moving average of $22.59 and a 200 day moving average of $20.37. Komatsu has a 1-year low of $13.96 and a 1-year high of $23.86.
Komatsu Company Profile
Komatsu Ltd. is a provider of industrial-use products and services. The Company is engaged in the business of construction and mining equipment, industrial machinery and vehicles, logistics, electronics and other solutions-based operations. Its DANTOTSU service includes KOMTRAX, which is a machine tracking system whose terminals are installed on construction equipment to transmit information concerning the location, cumulative hours of operation and operating condition of vehicles, and KOMTRAX Plus, which is used in mining.
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