Kubota (OTCMKTS:KUBTY) Sets New 1-Year Low – Should You Sell?

Kubota Co. (OTCMKTS:KUBTY)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $52.63 and last traded at $52.87, with a volume of 41956 shares traded. The stock had previously closed at $56.89.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised Kubota from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 4th.

Kubota Stock Down 7.1 %

The company’s fifty day simple moving average is $62.80 and its 200 day simple moving average is $63.34. The firm has a market capitalization of $12.21 billion, a P/E ratio of 8.10, a price-to-earnings-growth ratio of 5.29 and a beta of 0.96. The company has a current ratio of 1.65, a quick ratio of 1.23 and a debt-to-equity ratio of 0.50.

Kubota (OTCMKTS:KUBTY) last posted its quarterly earnings data on Thursday, February 13th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter. Kubota had a return on equity of 8.73% and a net margin of 7.63%. The business had revenue of $4.85 billion during the quarter. Research analysts expect that Kubota Co. will post 5.57 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.