Subaru (OTCMKTS:FUJHY) Shares Gap Down – Should You Sell?
by Jessica Moore · The Cerbat GemSubaru Corporation (OTCMKTS:FUJHY – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $10.67, but opened at $10.12. Subaru shares last traded at $10.55, with a volume of 15,217 shares.
Subaru Stock Down 0.8%
The business’s fifty day simple moving average is $10.91 and its two-hundred day simple moving average is $10.17. The company has a market cap of $15.51 billion, a PE ratio of 8.67 and a beta of 0.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.49 and a quick ratio of 1.99.
Subaru (OTCMKTS:FUJHY – Get Free Report) last released its quarterly earnings results on Monday, November 10th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. The company had revenue of $7.61 billion during the quarter, compared to analysts’ expectations of $7.53 billion. Subaru had a return on equity of 9.62% and a net margin of 5.49%. On average, analysts predict that Subaru Corporation will post 1.44 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of FUJHY. GAMMA Investing LLC increased its position in shares of Subaru by 12.7% during the 2nd quarter. GAMMA Investing LLC now owns 15,286 shares of the company’s stock worth $132,000 after purchasing an additional 1,728 shares during the last quarter. CHICAGO TRUST Co NA lifted its holdings in shares of Subaru by 24.5% in the 2nd quarter. CHICAGO TRUST Co NA now owns 50,737 shares of the company’s stock worth $442,000 after acquiring an additional 9,993 shares during the last quarter. Great Lakes Advisors LLC boosted its position in shares of Subaru by 26.8% during the 1st quarter. Great Lakes Advisors LLC now owns 293,796 shares of the company’s stock worth $2,618,000 after purchasing an additional 62,043 shares during the period. Finally, Beddow Capital Management Inc. increased its holdings in Subaru by 2.8% in the 3rd quarter. Beddow Capital Management Inc. now owns 595,371 shares of the company’s stock valued at $6,019,000 after purchasing an additional 16,372 shares during the last quarter. Hedge funds and other institutional investors own 0.01% of the company’s stock.
About Subaru
Subaru Corporation, traded over the counter as OTCMKTS:FUJHY, is a Japanese multinational automaker known for its distinctive use of the horizontally opposed “boxer” engine and standard symmetrical all-wheel-drive system across most of its vehicle lineup. Founded in 1953 as Fuji Heavy Industries, the company rebranded to Subaru Corporation in 2017 to align its corporate identity with its well‐established automotive brand. Subaru’s product portfolio includes compact and midsize sedans, sport wagons, crossovers and SUVs, with flagship models such as the Impreza, Legacy, Outback, Forester and Crosstrek (also marketed as the XV in some regions), as well as the performance-oriented BRZ sports coupe developed in partnership with Toyota.
In addition to passenger vehicles, Subaru Corporation is involved in the manufacturing of automotive components, aerospace products and industrial machinery, leveraging advanced materials and precision engineering capabilities inherited from its Fuji Heavy Industries heritage.