Kubota Corp (OTCMKTS:KUBTY) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $82.24. Kubota shares last traded at $82.24, with a volume of 737 shares trading hands.
Several brokerages recently issued reports on KUBTY. Zacks Investment Research raised shares of Kubota from a “hold” rating to a “strong-buy” rating and set a $85.00 price objective for the company in a research note on Tuesday, May 14th. ValuEngine raised shares of Kubota from a “sell” rating to a “hold” rating in a research note on Friday, March 22nd.
The stock’s 50 day moving average price is $77.62.
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.
Read More: Is it Safe to Invest in Commodities?
Receive News & Ratings for Kubota Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kubota and related companies with MarketBeat.com's FREE daily email newsletter.