Kubota (OTCMKTS:KUBTY) Stock Crosses Below 200 Day Moving Average - What's Next?

Kubota Co. (OTCMKTS:KUBTY - Get Free Report)'s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $59.69 and traded as low as $55.00. Kubota shares last traded at $55.74, with a volume of 58,615 shares traded.

Wall Street Analysts Forecast Growth

Separately, UBS Group lowered Kubota from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 20th.

Kubota Price Performance

The company has a debt-to-equity ratio of 0.50, a current ratio of 1.65 and a quick ratio of 1.23. The business's 50 day moving average price is $56.34 and its 200 day moving average price is $59.69. The stock has a market capitalization of $12.86 billion, a P/E ratio of 8.53, a price-to-earnings-growth ratio of 5.29 and a beta of 1.03.

Kubota (OTCMKTS:KUBTY - Get Free Report) last posted its earnings results on Friday, May 9th. The industrial products company reported $1.18 EPS for the quarter, missing analysts' consensus estimates of $2.10 by ($0.92). The company had revenue of $4.91 billion during the quarter, compared to the consensus estimate of $5.17 billion. Kubota had a return on equity of 8.73% and a net margin of 7.63%. Sell-side analysts forecast that Kubota Co. will post 5.57 EPS for the current 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.