Kubota (OTCMKTS:KUBTY) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Kubota Co. (OTCMKTS:KUBTY)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $65.34 and traded as low as $60.31. Kubota shares last traded at $60.97, with a volume of 20,458 shares changing hands.

Kubota Stock Up 2.0 %

The company’s fifty day simple moving average is $59.98 and its 200 day simple moving average is $65.34. The company has a current ratio of 1.65, a quick ratio of 1.23 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $14.08 billion, a P/E ratio of 8.46, a price-to-earnings-growth ratio of 4.17 and a beta of 0.97.

Kubota (OTCMKTS:KUBTY) last released its quarterly earnings results on Friday, November 8th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter. The company had revenue of $4.69 billion during the quarter. Kubota had a net margin of 8.34% and a return on equity of 9.73%. Research analysts expect that Kubota Co. will post 6.71 EPS for the current year.

About Kubota

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.