Kubota (OTCMKTS:KUBTY) Shares Cross Below 200-Day Moving Average of $74.41

Kubota Co. (OTCMKTS:KUBTY)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $74.41 and traded as low as $65.40. Kubota shares last traded at $66.42, with a volume of 76,412 shares trading hands.

Kubota Stock Performance

The stock has a market capitalization of $15.66 billion, a PE ratio of 9.34, a price-to-earnings-growth ratio of 3.61 and a beta of 0.97. The stock has a fifty day moving average of $69.96 and a 200-day moving average of $74.36. The company has a quick ratio of 1.28, a current ratio of 1.70 and a debt-to-equity ratio of 0.54.

Kubota (OTCMKTS:KUBTY) last released its earnings results on Wednesday, August 7th. The industrial products company reported $2.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.83. The firm had revenue of $5.16 billion during the quarter. Kubota had a return on equity of 9.81% and a net margin of 8.03%. Equities analysts anticipate that Kubota Co. will post 6.04 earnings per share for the current fiscal 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.