Short Interest in Kubota Co. (OTCMKTS:KUBTY) Decreases By 83.6%

Kubota Co. (OTCMKTS:KUBTY) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 5,600 shares, a decline of 83.6% from the February 13th total of 34,100 shares. Based on an average trading volume of 59,700 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Kubota Trading Up 1.2 %

KUBTY traded up $0.77 during mid-day trading on Wednesday, reaching $65.06. The stock had a trading volume of 12,806 shares, compared to its average volume of 49,170. The stock has a market capitalization of $15.02 billion, a P/E ratio of 9.96, a P/E/G ratio of 5.29 and a beta of 0.96. Kubota has a 52 week low of $54.19 and a 52 week high of $85.00. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.23 and a current ratio of 1.65. The firm’s fifty day simple moving average is $61.11 and its two-hundred day simple moving average is $64.26.

Kubota (OTCMKTS:KUBTY) last posted its quarterly earnings results on Thursday, February 13th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter. The business 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%. On average, equities analysts predict that Kubota will post 5.57 EPS for the current year.

Analyst Ratings Changes

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

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.