Kubota (OTCMKTS:KUBTY) Shares Cross Below Fifty Day Moving Average – Should You Sell?

Kubota Co. (OTCMKTS:KUBTY) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $69.34 and traded as low as $64.40. Kubota shares last traded at $64.51, with a volume of 51,624 shares traded.

Kubota Stock Performance

The firm’s 50-day moving average price is $69.34 and its two-hundred day moving average price is $71.23. The company has a quick ratio of 1.31, a current ratio of 1.73 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $15.19 billion, a PE ratio of 8.70, a P/E/G ratio of 4.83 and a beta of 0.97.

Kubota (OTCMKTS:KUBTY) last released its earnings results on Wednesday, August 7th. The industrial products company reported $2.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.83. The company had revenue of $5.16 billion during the quarter. Kubota had a return on equity of 10.10% and a net margin of 8.43%. As a group, research analysts predict that Kubota Co. will post 7.02 earnings per share for the current fiscal 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.