Kubota (OTCMKTS:KUBTY) Shares Pass Above Fifty Day Moving Average of $71.97

Shares of Kubota Co. (OTCMKTS:KUBTY) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $71.97 and traded as high as $73.80. Kubota shares last traded at $71.46, with a volume of 27,517 shares.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on KUBTY shares. JPMorgan Chase & Co. upgraded Kubota from a “neutral” rating to an “overweight” rating in a research note on Wednesday, August 30th. Nomura upgraded Kubota from a “neutral” rating to a “buy” rating in a research report on Friday, September 1st.

Kubota Trading Down 0.3 %

The stock has a 50-day moving average of $71.97 and a 200 day moving average of $73.82. The stock has a market cap of $16.87 billion, a PE ratio of 11.36, a price-to-earnings-growth ratio of 0.93 and a beta of 1.07. The company has a quick ratio of 1.32, a current ratio of 1.81 and a debt-to-equity ratio of 0.57.

About Kubota

Kubota Corporation manufactures and markets machinery and related solutions in the food, water, and environment markets in Japan, North America, Europe, Asia, and internationally. It operates in three segments: Farm & Industrial Machinery, Water & Environment, and Other. The Farm & Industrial 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, and other agricultural equipment; cooperative drying, rice seedling, and gardening facilities; rice mill plants; scales, weighing and measuring control systems, and air purifiers; engines for farming, construction, industrial machinery, and generators; and mini excavators, wheel and skid steer loaders, compact track and, and other construction machinery related products.