Subaru (OTCMKTS:FUJHY) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Subaru Co. (OTCMKTS:FUJHY) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $8.97 and traded as high as $9.16. Subaru shares last traded at $9.12, with a volume of 47,170 shares.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein raised shares of Subaru to a “strong sell” rating in a report on Monday, April 14th.

Subaru Stock Up 1.3%

The company has a debt-to-equity ratio of 0.13, a current ratio of 2.63 and a quick ratio of 2.08. The business’s 50 day moving average price is $8.97 and its 200 day moving average price is $8.73. The firm has a market cap of $13.37 billion, a PE ratio of 5.06, a PEG ratio of 0.25 and a beta of 0.44.

Subaru (OTCMKTS:FUJHY) last announced its quarterly earnings data on Wednesday, May 14th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.05). Subaru had a net margin of 8.50% and a return on equity of 15.26%. The firm had revenue of $7.77 billion during the quarter, compared to analysts’ expectations of $1,289.35 billion. On average, equities research analysts expect that Subaru Co. will post 1.44 earnings per share for the current year.

Institutional Investors Weigh In On Subaru

A number of institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its stake in Subaru by 47.5% during the 1st quarter. GAMMA Investing LLC now owns 13,558 shares of the company’s stock worth $121,000 after acquiring an additional 4,365 shares in the last quarter. Rhumbline Advisers increased its stake in Subaru by 12.6% during the fourth quarter. Rhumbline Advisers now owns 17,444 shares of the company’s stock worth $157,000 after purchasing an additional 1,947 shares during the period. CHICAGO TRUST Co NA increased its stake in Subaru by 17.7% during the first quarter. CHICAGO TRUST Co NA now owns 40,744 shares of the company’s stock worth $360,000 after purchasing an additional 6,136 shares during the period. Beddow Capital Management Inc. lifted its position in shares of Subaru by 20.5% during the fourth quarter. Beddow Capital Management Inc. now owns 140,598 shares of the company’s stock worth $1,262,000 after purchasing an additional 23,950 shares in the last quarter. Finally, Great Lakes Advisors LLC boosted its stake in shares of Subaru by 3.6% in the fourth quarter. Great Lakes Advisors LLC now owns 231,753 shares of the company’s stock valued at $2,083,000 after purchasing an additional 8,063 shares during the period. 0.01% of the stock is currently owned by institutional investors and hedge funds.

Subaru Company Profile

Subaru Corporation manufactures and sells automobiles and aerospace products in Japan, rest of Asia, North America, Europe, and internationally. It operates through three segments: Automotive, Aerospace, and Others. The company manufactures, sells, and repairs passenger cars and their components, aircrafts, aerospace-related machinery, and related components; and rents and manages real estate properties.