Subaru (OTCMKTS:FUJHY) Shares Gap Up - What's Next?

Subaru Corporation (OTCMKTS:FUJHY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $8.58, but opened at $9.00. Subaru shares last traded at $8.85, with a volume of 108,600 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein raised shares of Subaru to a "strong sell" rating in a research note on Monday, April 14th.

Subaru Stock Down 2.9%

The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.00 and a current ratio of 2.53. The firm has a market cap of $12.55 billion, a PE ratio of 5.67 and a beta of 0.41. The stock has a fifty day moving average price of $8.94 and a 200-day moving average price of $8.88.

Subaru (OTCMKTS:FUJHY - Get Free Report) last issued its earnings results on Wednesday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.05). Subaru had a return on equity of 12.67% and a net margin of 7.21%. The firm had revenue of $7.77 billion for the quarter, compared to analysts' expectations of $1,289.35 billion. Research analysts expect that Subaru Corporation will post 1.44 EPS for the current year.

Institutional Trading of Subaru

A number of institutional investors have recently modified their holdings of FUJHY. Rhumbline Advisers grew its holdings in shares of Subaru by 12.6% during the 4th 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. Great Lakes Advisors LLC boosted its holdings in Subaru by 3.6% in the 4th quarter. Great Lakes Advisors LLC now owns 231,753 shares of the company's stock worth $2,083,000 after acquiring an additional 8,063 shares during the period. Beddow Capital Management Inc. boosted its holdings in Subaru by 20.5% in the 4th quarter. Beddow Capital Management Inc. now owns 140,598 shares of the company's stock worth $1,262,000 after acquiring an additional 23,950 shares during the period. GAMMA Investing LLC boosted its holdings in Subaru by 1,214.1% in the 1st quarter. GAMMA Investing LLC now owns 120,802 shares of the company's stock worth $1,076,000 after acquiring an additional 111,609 shares during the period. Finally, CHICAGO TRUST Co NA boosted its holdings in Subaru by 17.7% in the 1st quarter. CHICAGO TRUST Co NA now owns 40,744 shares of the company's stock worth $360,000 after acquiring an additional 6,136 shares during the period. Hedge funds and other institutional investors own 0.01% of the company's stock.

About Subaru

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.