Subaru (OTCMKTS:FUJHY) Share Price Passes Above 50 Day Moving Average - Time to Sell?

Shares of Subaru Corporation (OTCMKTS:FUJHY - Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $8.86 and traded as high as $9.15. Subaru shares last traded at $8.75, with a volume of 188,933 shares traded.

Wall Street Analysts Forecast Growth

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

Subaru Price Performance

The business's 50-day moving average price is $8.83 and its two-hundred day moving average price is $8.91. The firm has a market cap of $12.35 billion, a price-to-earnings ratio of 5.58 and a beta of 0.38.

Subaru (OTCMKTS:FUJHY - Get Free Report) last announced its quarterly earnings data on Wednesday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate 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 the consensus estimate of $1,289.35 billion. Equities analysts predict that Subaru Corporation will post 1.44 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Subaru

Hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its stake in Subaru by 47.5% in the first quarter. GAMMA Investing LLC now owns 13,558 shares of the company's stock valued at $121,000 after buying an additional 4,365 shares during the last quarter. CHICAGO TRUST Co NA lifted its stake in Subaru by 17.7% in the first quarter. CHICAGO TRUST Co NA now owns 40,744 shares of the company's stock valued at $360,000 after buying an additional 6,136 shares during the last quarter. Beddow Capital Management Inc. lifted its stake in Subaru by 20.5% in the fourth quarter. Beddow Capital Management Inc. now owns 140,598 shares of the company's stock valued at $1,262,000 after buying an additional 23,950 shares during the last quarter. Finally, Great Lakes Advisors LLC lifted its stake in Subaru by 26.8% in the first quarter. Great Lakes Advisors LLC now owns 293,796 shares of the company's stock valued at $2,618,000 after buying an additional 62,043 shares during the last quarter. 0.01% of the stock is currently owned by institutional investors.

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.