Kubota (OTCMKTS:KUBTY) Stock Crosses Below 200 Day Moving Average - Here's Why

Kubota Co. (OTCMKTS:KUBTY - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $67.74 and traded as low as $56.01. Kubota shares last traded at $57.94, with a volume of 40,461 shares changing hands.

Kubota Trading Up 0.4 %

The company has a market cap of $13.69 billion, a P/E ratio of 8.07, a P/E/G ratio of 4.15 and a beta of 0.96. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.65 and a quick ratio of 1.31. The stock's 50-day moving average is $62.90 and its two-hundred day moving average is $67.67.

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.