Kubota Co. (OTCMKTS: KUBTY) Short Interest Down 40.6% in June

Kubota Co. (OTCMKTS:KUBTY – Get Rating) experienced a significant decline in short-term interest during the month of June. As of June 15, there was short interest totaling 6,300 shares, down 40.6% from the May 31 total of 10,600 shares. Based on an average daily trading volume of 73,600 shares, the short-term interest rate ratio is currently 0.1 day.

OTCMKTS: KUBTY traded at $1.44 during Friday’s midday session, hitting $74.07. 71,926 shares were traded, against an average volume of 41,825. The stock has a market cap of $17.89 billion, a price-to-earnings ratio of 11.57, a growth price-to-earnings ratio of 5, 13 and a beta of 0.98. The company’s 50-day simple moving average is $85.59 and its 200-day simple moving average is $94.50. The company has a debt ratio of 0.37, a quick ratio of 1.03 and a current ratio of 1.42. Kubota has a fifty-two week low of $72.55 and a fifty-two week high of $119.53.

Kubota (OTCMKTS:KUBTY – Get Rating) last released its quarterly results on Thursday, May 12. The industrial products company reported earnings per share of $1.78 for the quarter. The company had revenue of $5.11 billion in the quarter. Kubota had a return on equity of 9.66% and a net margin of 7.70%. On average, analysts predict Kubota will post an EPS of 6.49 for the current fiscal year.

A number of analysts have recently released reports on KUBTY shares. Goldman Sachs Group upgraded Kubota from a “buy” rating to a “neutral” rating in a Wednesday, June 1 research report. JPMorgan Chase & Co. downgraded Kubota from a “neutral” rating to an “underweight” rating in a research report on Thursday.

Kubota Company Profile (Get a rating)

Kubota Corporation manufactures and markets machinery and related solutions to the food, water and environmental markets in Japan, North America, Europe, Asia and internationally. It operates in three segments: Agricultural and Industrial Machinery, Water and Environment and Others. The Agricultural and Industrial Machinery segment offers tractors, tillers, combine harvesters, rice transplanters, turf equipment, utility vehicles, other agricultural machinery, implements, attachments, post-harvest machinery , vegetable production equipment and other agricultural equipment; cooperative drying, rice sowing and gardening facilities; rice mills; scales, weighing and measuring control systems and air purifiers; engines for agriculture, construction, industrial machinery and generators; and mini excavators, wheel and compact loaders, compact crawlers and other construction machinery related products.

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