Short Interest in Komatsu Ltd. (OTCMKTS:KMTUY) Decreases By 56.7%

Komatsu Ltd. (OTCMKTS:KMTUY) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 23,100 shares, a decline of 56.7% from the February 28th total of 53,400 shares. Based on an average daily volume of 172,500 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Komatsu Stock Performance

Shares of KMTUY traded down $0.63 during mid-day trading on Friday, hitting $29.70. 54,941 shares of the company’s stock were exchanged, compared to its average volume of 109,365. The company has a quick ratio of 1.04, a current ratio of 1.91 and a debt-to-equity ratio of 0.16. Komatsu has a 52 week low of $24.05 and a 52 week high of $32.16. The stock’s 50-day simple moving average is $30.05 and its 200-day simple moving average is $28.07. The firm has a market cap of $28.24 billion, a price-to-earnings ratio of 10.53, a price-to-earnings-growth ratio of 2.29 and a beta of 1.04.

Komatsu (OTCMKTS:KMTUY) last posted its quarterly earnings data on Friday, January 31st. The industrial products company reported $0.77 EPS for the quarter. Komatsu had a return on equity of 12.39% and a net margin of 9.89%. On average, equities research analysts expect that Komatsu will post 2.73 EPS 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.