Kubota (OTCMKTS:KUBTY) Stock Crosses Below 200-Day Moving Average of $73.80

Kubota Co. (OTCMKTS:KUBTY) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $73.80 and traded as low as $69.73. Kubota shares last traded at $70.06, with a volume of 17,213 shares changing hands.

Kubota Trading Down 0.6 %

The firm has a market cap of $16.50 billion, a PE ratio of 9.84, a P/E/G ratio of 4.07 and a beta of 0.97. The company has a current ratio of 1.73, a quick ratio of 1.28 and a debt-to-equity ratio of 0.52. The business has a fifty day moving average price of $69.73 and a 200 day moving average price of $73.79.

Kubota (OTCMKTS:KUBTY) last released its quarterly earnings data on Wednesday, August 7th. The industrial products company reported $2.13 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.83. Kubota had a return on equity of 10.10% and a net margin of 8.43%. The business had revenue of $5.16 billion for the quarter. Analysts forecast that Kubota Co. will post 6.04 EPS for the current year.

Kubota Company Profile

Kubota Corporation manufactures and sells agricultural and construction machinery in Japan, North America, Europe, Asia, and internationally. It operates through three segments: Farm & Machinery, Water & Environment, and Others. The Farm & Machinery segment offers tractors, power tillers, combine harvesters, rice transplanters, turf equipment, utility vehicles, other agricultural machinery, implements, attachments, post-harvest machinery, vegetable production equipment, intermediate management machine, and other equipment; cooperative drying, rice seedling, and gardening facilities; scales, weighing and measuring control systems, and air purifier; engines for farm equipment, construction machinery, industrial machinery, and generators; and mini excavators, wheel and skid steer loaders, compact track loaders, and other construction machinery related products.