Komatsu (KMTUY) Rating Lowered to Neutral at Goldman Sachs Group
Komatsu (OTCMKTS:KMTUY) was downgraded by Goldman Sachs Group from a “buy” rating to a “neutral” rating in a research note issued to investors on Thursday, The Fly reports.
KMTUY has been the topic of a number of other reports. Zacks Investment Research downgraded shares of Komatsu from a “hold” rating to a “sell” rating in a report on Wednesday, January 2nd. ValuEngine downgraded shares of Komatsu from a “sell” rating to a “strong sell” rating in a research note on Monday, February 4th.
Shares of Komatsu stock traded up $0.46 on Thursday, reaching $25.30. The stock had a trading volume of 43,582 shares, compared to its average volume of 155,587. Komatsu has a 1 year low of $20.33 and a 1 year high of $37.99. The company has a market cap of $23.30 billion, a price-to-earnings ratio of 13.46, a PEG ratio of 1.10 and a beta of 1.69. The company has a current ratio of 1.75, a quick ratio of 0.99 and a debt-to-equity ratio of 0.25.
Komatsu Ltd. manufactures and sells construction, mining, and utility equipment 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 electric rope shovels, continuous miners, hydraulic excavators, wheel loaders, bulldozers, motor graders, dump trucks, mini excavators, utility equipment, and other mining equipment.
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