Komatsu (OTCMKTS:KMTUY) Shares Gap Up – What’s Next?

Komatsu Ltd. (OTCMKTS:KMTUY)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $32.75, but opened at $34.21. Komatsu shares last traded at $32.9360, with a volume of 21,673 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of Komatsu from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 26th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce”.

Komatsu Stock Performance

The stock has a market capitalization of $31.56 billion, a price-to-earnings ratio of 11.03, a price-to-earnings-growth ratio of 4.84 and a beta of 1.02. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.09 and a quick ratio of 1.13. The stock has a 50-day moving average of $32.63 and a 200 day moving average of $33.74.

Komatsu (OTCMKTS:KMTUY) last issued its earnings results on Wednesday, October 29th. The industrial products company reported $0.63 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.63. The company had revenue of $6.45 billion for the quarter, compared to analyst estimates of $6.56 billion. Komatsu had a net margin of 10.25% and a return on equity of 12.41%. On average, analysts expect that Komatsu Ltd. 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.