Kubota Corp (OTCMKTS:KUBTY) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $73.97 and traded as low as $77.74. Kubota shares last traded at $77.75, with a volume of 3,812 shares.
Several analysts recently issued reports on KUBTY shares. Goldman Sachs Group raised shares of Kubota from a “sell” rating to a “neutral” rating in a report on Wednesday, August 28th. ValuEngine raised shares of Kubota from a “sell” rating to a “hold” rating in a report on Sunday, August 18th.
The company’s fifty day moving average is $73.96 and its 200-day moving average is $75.47.
Kubota Corporation manufactures and sells a range of machinery, and other industrial and consumer products in Japan, North America, Europe, Asia, and internationally. Its Farm & Industrial Machinery segment provides tractors, power tillers, combine harvesters, rice transplanters, lawn mowers, utility vehicles, other agricultural machinery, implements, attachments, post-harvest machinery, vegetable production equipment, and other agricultural equipment; cooperative drying, rice seedling, and gardening facilities; and rice mill plants.
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