Kubota (OTCMKTS:KUBTY) Hits New 52-Week Low – Here’s Why

Shares of Kubota Co. (OTCMKTS:KUBTY) reached a new 52-week low on Friday . The stock traded as low as $59.39 and last traded at $62.08, with a volume of 26053 shares. The stock had previously closed at $62.00.

Kubota Stock Performance

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 stock has a market capitalization of $14.62 billion, a P/E ratio of 8.61, a P/E/G ratio of 4.19 and a beta of 0.97. The business has a fifty day moving average price of $67.36 and a 200-day moving average price of $69.69.

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.