Kubota Co. (OTCMKTS:KUBTY) Sees Large Growth in Short Interest

Kubota Co. (OTCMKTS:KUBTY) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 46,400 shares, a growth of 11,500.0% from the June 15th total of 400 shares. Based on an average daily trading volume, of 119,100 shares, the short-interest ratio is presently 0.4 days.

Kubota Trading Up 1.1 %

KUBTY opened at $69.36 on Friday. Kubota has a 12 month low of $66.22 and a 12 month high of $85.00. The stock has a market capitalization of $16.33 billion, a price-to-earnings ratio of 9.74, a PEG ratio of 3.97 and a beta of 0.97. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.73 and a quick ratio of 1.28. The business has a fifty day moving average price of $72.67 and a 200 day moving average price of $75.14.

Kubota (OTCMKTS:KUBTY) last announced its quarterly earnings data on Friday, May 10th. The industrial products company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.98 by $0.11. Kubota had a return on equity of 9.85% and a net margin of 8.03%. The business had revenue of $5.22 billion during the quarter. Sell-side analysts expect that Kubota will post 6.21 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.