Kubota (OTCMKTS:KUBTY) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Kubota Co. (OTCMKTS:KUBTY)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $62.54 and traded as low as $54.28. Kubota shares last traded at $56.50, with a volume of 87,008 shares trading hands.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised Kubota from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 4th.

Kubota Trading Up 3.1 %

The firm has a market capitalization of $13.05 billion, a price-to-earnings ratio of 8.65, a price-to-earnings-growth ratio of 5.29 and a beta of 0.95. The business’s 50 day moving average price is $61.70 and its 200-day moving average price is $62.54. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.65 and a quick ratio of 1.23.

Kubota (OTCMKTS:KUBTY) last released its earnings results on Thursday, February 13th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter. The company had revenue of $4.85 billion for the quarter. Kubota had a return on equity of 8.73% and a net margin of 7.63%. Equities analysts forecast that Kubota Co. 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.