Komatsu (OTCMKTS:KMTUY) Share Price Passes Below 200-Day Moving Average - Here's What Happened

Komatsu Ltd. (OTCMKTS:KMTUY - Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $32.95 and traded as low as $32.69. Komatsu shares last traded at $33.66, with a volume of 46,577 shares traded.Wall Street Analysts Forecast GrowthSeparately, Zacks Research raised shares of Komatsu from a "strong sell" rating to a "hold" rating in a research note on Monday, October 27th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Komatsu presently has a consensus rating of "Hold".Read Our Latest Stock Analysis on KomatsuKomatsu Stock PerformanceThe firm's 50 day simple moving average is $35.19 and its 200 day simple moving average is $32.95. The firm has a market cap of $32.01 billion, a PE ratio of 11.18, a PEG ratio of 4.95 and a beta of 1.01. The company has a current ratio of 2.00, a quick ratio of 1.15 and a debt-to-equity ratio of 0.15. Komatsu (OTCMKTS:KMTUY - Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The industrial products company reported $0.63 earnings per share for the quarter, meeting analysts' consensus estimates of $0.63. The firm had revenue of $6.45 billion during the quarter, compared to analyst estimates of $6.56 billion. Komatsu had a return on equity of 12.62% and a net margin of 10.25%. On average, research analysts forecast that Komatsu Ltd. will post 2.73 EPS for the current fiscal year. About Komatsu (Get Free Report)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.Featured StoriesFive stocks we like better than KomatsuStock Ratings and Recommendations: Understanding Analyst RatingsOpenAI's Restructuring Sets up What Could Be the Biggest IPO EverHow to Read Stock Charts for Beginners2 Rare Earth Stocks the U.S. Government Doesn’t Want to FailWhat Are Growth Stocks and Investing in Them CrowdStrike Partners With CoreWeave But Investors Sell the NewsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Komatsu Right Now?Before you consider Komatsu, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Komatsu wasn't on the list.While Komatsu currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here