Kubota (OTCMKTS:KUBTY) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Kubota Co. (OTCMKTS:KUBTY)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $67.18 and traded as low as $57.12. Kubota shares last traded at $57.81, with a volume of 83,506 shares traded.

Kubota Stock Performance

The company has a quick ratio of 1.31, a current ratio of 1.65 and a debt-to-equity ratio of 0.50. The stock has a market cap of $13.70 billion, a P/E ratio of 8.07, a price-to-earnings-growth ratio of 4.15 and a beta of 0.97. The firm’s 50-day moving average is $61.83 and its two-hundred day moving average is $67.09.

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.