Short Interest in Kubota Co. (OTCMKTS:KUBTY) Rises By 67.4%

Kubota Co. (OTCMKTS:KUBTY - Get Free Report) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 54,400 shares, an increase of 67.4% from the January 15th total of 32,500 shares. Based on an average daily volume of 130,500 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

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

Kubota Price Performance

Shares of OTCMKTS KUBTY traded up $0.82 during mid-day trading on Wednesday, hitting $62.98. 77,212 shares of the stock were exchanged, compared to its average volume of 49,961. The company has a market cap of $14.54 billion, a P/E ratio of 9.64, a PEG ratio of 4.15 and a beta of 0.97. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.23 and a current ratio of 1.65. Kubota has a twelve month low of $54.19 and a twelve month high of $85.00. The stock's fifty day simple moving average is $59.86 and its two-hundred day simple moving average is $64.73.

Kubota (OTCMKTS:KUBTY - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter. Kubota had a return on equity of 8.73% and a net margin of 7.63%. The firm had revenue of $4.85 billion during the quarter. As a group, analysts forecast that Kubota will post 6.78 EPS 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.