Kubota (OTCMKTS:KUBTY) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Kubota Co. (OTCMKTS:KUBTY)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $66.09 and traded as low as $58.57. Kubota shares last traded at $58.70, with a volume of 38,380 shares traded.

Kubota Stock 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 company has a market cap of $13.96 billion, a price-to-earnings ratio of 8.38, a PEG ratio of 4.05 and a beta of 0.97. The firm has a 50 day simple moving average of $60.16 and a 200-day simple moving average of $65.93.

Kubota (OTCMKTS:KUBTY) last issued its quarterly earnings data on Friday, November 8th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter. Kubota had a return on equity of 9.73% and a net margin of 8.34%. The firm had revenue of $4.69 billion during the quarter. As a group, analysts predict that Kubota Co. will post 6.48 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.