Kubota (OTCMKTS:KUBTY) Hits New 1-Year Low – Here’s What Happened

Kubota Co. (OTCMKTS:KUBTY)’s stock price hit a new 52-week low on Wednesday . The company traded as low as $57.44 and last traded at $58.56, with a volume of 43081 shares. The stock had previously closed at $59.68.

Kubota Stock Performance

The company’s 50-day moving average is $63.85 and its two-hundred day moving average is $68.02. 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 company has a market cap of $13.86 billion, a P/E ratio of 8.16, a price-to-earnings-growth ratio of 4.15 and a beta of 0.96.

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.