Kubota (OTCMKTS:KUBTY) Stock Crosses Below Two Hundred Day Moving Average - Here's What Happened

Kubota Corp. (OTCMKTS:KUBTY - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $59.39 and traded as low as $54.65. Kubota shares last traded at $54.92, with a volume of 71,797 shares.

Wall Street Analyst Weigh In

Separately, UBS Group cut shares of Kubota from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 20th.

Kubota Price Performance

The stock's 50-day moving average is $56.50 and its 200-day moving average is $59.22. The firm has a market cap of $12.38 billion, a P/E ratio of 9.54, a price-to-earnings-growth ratio of 4.56 and a beta of 1.03. The company has a quick ratio of 1.23, a current ratio of 1.62 and a debt-to-equity ratio of 0.50.

Kubota (OTCMKTS:KUBTY - Get Free Report) last announced its earnings results on Friday, May 9th. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.10 by ($0.92). Kubota had a return on equity of 7.35% and a net margin of 6.71%. The company had revenue of $4.91 billion for the quarter, compared to the consensus estimate of $5.17 billion. As a group, equities analysts anticipate that Kubota Corp. will post 5.57 EPS 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.