Kubota Co. (OTCMKTS:KUBTY) Short Interest Update

Kubota Co. (OTCMKTS:KUBTY) was the recipient of a large drop in short interest during 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 trading volume, of 56,500 shares, the short-interest ratio is currently 0.1 days.

Kubota Trading Up 2.3 %

KUBTY traded up $1.60 during midday trading on Friday, hitting $71.87. The company’s stock had a trading volume of 16,083 shares, compared to its average volume of 22,500. Kubota has a 52-week low of $66.22 and a 52-week high of $85.00. The firm has a 50-day moving average price of $71.06 and a two-hundred day moving average price of $74.91. The company has a current ratio of 1.73, a quick ratio of 1.28 and a debt-to-equity ratio of 0.55. The firm has a market cap of $16.92 billion, a P/E ratio of 10.09, a PEG ratio of 4.08 and a beta of 0.97.

Kubota (OTCMKTS:KUBTY) last posted its quarterly earnings results on Friday, May 10th. The industrial products company reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.98 by $0.11. The company had revenue of $5.22 billion for the quarter. Kubota had a net margin of 8.03% and a return on equity of 9.85%. On average, research analysts anticipate that Kubota will post 6.04 earnings per share for the current year.

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.