Kubota (OTCMKTS:KUBTY) Stock Crosses Below Two Hundred Day Moving Average of $75.32

Kubota Co. (OTCMKTS:KUBTY) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $75.32 and traded as low as $69.96. Kubota shares last traded at $70.52, with a volume of 23,729 shares.

Kubota Stock Up 0.4 %

The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.28 and a current ratio of 1.73. The firm has a market capitalization of $16.61 billion, a PE ratio of 9.90, a PEG ratio of 4.07 and a beta of 0.99. The company’s 50 day simple moving average is $74.71 and its 200-day simple moving average is $75.32.

Kubota (OTCMKTS:KUBTY) last posted its earnings results on Friday, May 10th. The industrial products company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.11. The business had revenue of $5.22 billion for the quarter. Kubota had a net margin of 8.03% and a return on equity of 9.85%. On average, analysts forecast that Kubota Co. will post 6.21 EPS for the current fiscal year.

About Kubota

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.