Kubota (OTCMKTS:KUBTY) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Kubota Co. (OTCMKTS:KUBTY)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $67.74 and traded as low as $56.01. Kubota shares last traded at $57.94, with a volume of 40,461 shares traded.

Kubota Stock Down 0.6 %

The company has a debt-to-equity ratio of 0.50, a current ratio of 1.65 and a quick ratio of 1.31. The firm has a 50 day simple moving average of $63.12 and a 200-day simple moving average of $67.74. The stock has a market capitalization of $13.64 billion, a price-to-earnings ratio of 8.04, a price-to-earnings-growth ratio of 4.15 and a beta of 0.96.

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.