Kubota (OTCMKTS:KUBTY) Stock Price Crosses Below Two Hundred Day Moving Average of $88.81

Kubota Co. (OTCMKTS:KUBTYGet Rating) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $88.81 and traded as low as $77.68. Kubota shares last traded at $78.37, with a volume of 15,738 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have commented on KUBTY. JPMorgan Chase & Co. lowered shares of Kubota from a “neutral” rating to an “underweight” rating in a report on Thursday, June 30th. The Goldman Sachs Group lowered shares of Kubota from a “buy” rating to a “neutral” rating in a report on Wednesday, June 1st.

Kubota Stock Performance

The firm’s fifty day simple moving average is $81.48 and its 200 day simple moving average is $88.81. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.42 and a quick ratio of 1.03. The company has a market capitalization of $18.93 billion, a PE ratio of 12.24, a price-to-earnings-growth ratio of 5.43 and a beta of 1.09.

Kubota (OTCMKTS:KUBTYGet Rating) last posted its earnings results on Thursday, May 12th. The industrial products company reported $1.78 earnings per share (EPS) for the quarter. Kubota had a net margin of 7.70% and a return on equity of 9.66%. The business had revenue of $5.11 billion for the quarter. On average, research analysts predict that Kubota Co. will post 6.55 EPS for the current year.

Kubota Company Profile

(Get Rating)

Kubota Corporation manufactures and markets machinery and related solutions in the food, water, and environment markets in Japan, North America, Europe, Asia, and internationally. It operates in three segments: Farm & Industrial Machinery, Water & Environment, and Other. The Farm & Industrial 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, and other agricultural equipment; cooperative drying, rice seedling, and gardening facilities; rice mill plants; scales, weighing and measuring control systems, and air purifiers; engines for farming, construction, industrial machinery, and generators; and mini excavators, wheel and skid steer loaders, compact track and, and other construction machinery related products.

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