Kubota Co. (OTCMKTS:KUBTY) Short Interest Update

Kubota Co. (OTCMKTS:KUBTY) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 5,600 shares, a drop of 83.6% from the February 13th total of 34,100 shares. Based on an average trading volume of 59,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded Kubota from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 4th.

Kubota Price Performance

Shares of OTCMKTS:KUBTY traded up $0.77 during midday trading on Wednesday, reaching $65.06. 12,806 shares of the company’s stock were exchanged, compared to its average volume of 49,170. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.23 and a current ratio of 1.65. The company’s 50 day simple moving average is $61.11 and its two-hundred day simple moving average is $64.26. Kubota has a 12 month low of $54.19 and a 12 month high of $85.00. The firm has a market capitalization of $15.02 billion, a PE ratio of 9.96, a price-to-earnings-growth ratio of 5.29 and a beta of 0.96.

Kubota (OTCMKTS:KUBTY) last announced its quarterly earnings results on Thursday, February 13th. The industrial products company reported $0.94 EPS for the quarter. The business had revenue of $4.85 billion for the quarter. Kubota had a return on equity of 8.73% and a net margin of 7.63%. Equities research analysts expect that Kubota will post 5.57 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.