Kubota Co. (OTCMKTS:KUBTY - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $61.43 and traded as low as $57.29. Kubota shares last traded at $58.01, with a volume of 37,920 shares.
Analyst Ratings Changes
Separately, The Goldman Sachs Group raised Kubota from a "strong sell" rating to a "hold" rating in a research report on Tuesday, February 4th.
View Our Latest Stock Analysis on Kubota
Kubota Stock Up 0.4 %
The stock has a market cap of $13.62 billion, a price-to-earnings ratio of 9.03, a PEG ratio of 5.29 and a beta of 1.07. The stock has a 50 day simple moving average of $60.02 and a 200 day simple moving average of $61.08. The company has a quick ratio of 1.23, a current ratio of 1.65 and a debt-to-equity ratio of 0.50.
Kubota (OTCMKTS:KUBTY - Get Free Report) last announced its quarterly earnings results 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. As a group, analysts expect that Kubota Co. will post 5.57 earnings per share for the current fiscal year.
About Kubota
(
Get Free Report)
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.
Further Reading
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