Kubota Co. (OTCMKTS:KUBTY) Sees Significant Decline in Short Interest

Kubota Co. (OTCMKTS:KUBTY) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 4,500 shares, a drop of 90.3% from the June 30th total of 46,400 shares. Based on an average daily volume of 56,500 shares, the short-interest ratio is presently 0.1 days.

Kubota Trading Up 2.3 %

KUBTY stock traded up $1.60 during midday trading on Friday, hitting $71.87. 16,083 shares of the company’s stock were exchanged, compared to its average volume of 22,500. The stock’s fifty day moving average price is $71.06 and its 200-day moving average price is $74.91. The company has a market cap of $16.92 billion, a PE ratio of 10.09, a price-to-earnings-growth ratio of 4.08 and a beta of 0.97. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.28 and a current ratio of 1.73. Kubota has a one year low of $66.22 and a one year high of $85.00.

Kubota (OTCMKTS:KUBTY) last announced its quarterly earnings data on Friday, May 10th. The industrial products company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $1.98 by $0.11. The company had revenue of $5.22 billion during the quarter. Kubota had a net margin of 8.03% and a return on equity of 9.85%. Research analysts predict that Kubota will post 6.04 earnings per share for the current fiscal year.

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.