Subaru (OTCMKTS:FUJHY) Stock Crosses Above 50-Day Moving Average - Here's Why

Subaru Co. (OTCMKTS:FUJHY - Get Free Report) passed 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.

Analysts Set New Price Targets

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

Subaru Stock Down 0.3%

The business's 50-day moving average is $8.94 and its two-hundred day moving average is $8.76. The firm has a market capitalization of $13.24 billion, a price-to-earnings ratio of 5.02, a P/E/G ratio of 0.25 and a beta of 0.44. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.08 and a current ratio of 2.63.

Subaru (OTCMKTS:FUJHY - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.05). Subaru had a return on equity of 15.26% and a net margin of 8.50%. The business had revenue of $7.77 billion for the quarter, compared to analyst estimates of $1,289.35 billion. On average, equities analysts anticipate that Subaru Co. will post 1.44 earnings per share for the current year.

Institutional Trading of Subaru

A number of institutional investors have recently modified their holdings of FUJHY. Rhumbline Advisers raised its holdings in shares of Subaru by 12.6% in the fourth quarter. Rhumbline Advisers now owns 17,444 shares of the company's stock valued at $157,000 after purchasing an additional 1,947 shares during the last quarter. Great Lakes Advisors LLC grew its position in 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 in the last quarter. Beddow Capital Management Inc. increased its stake in Subaru by 20.5% in the 4th 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. GAMMA Investing LLC lifted its position in Subaru by 1,214.1% during the 1st quarter. GAMMA Investing LLC now owns 120,802 shares of the company's stock worth $1,076,000 after buying an additional 111,609 shares in the last quarter. Finally, CHICAGO TRUST Co NA boosted its stake in shares of Subaru by 17.7% during the 1st quarter. CHICAGO TRUST Co NA now owns 40,744 shares of the company's stock worth $360,000 after buying an additional 6,136 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.