Subaru (OTCMKTS:FUJHY) Stock Passes Above Fifty Day Moving Average of $10.99

Subaru Co. (OTCMKTS:FUJHY) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10.99 and traded as high as $11.60. Subaru shares last traded at $11.50, with a volume of 18,187 shares traded.

Subaru Price Performance

The stock’s fifty day simple moving average is $10.99 and its two-hundred day simple moving average is $9.84. The company has a market capitalization of $17.34 billion, a price-to-earnings ratio of 7.19, a PEG ratio of 0.29 and a beta of 0.66.

Subaru (OTCMKTS:FUJHY) last announced its earnings results on Thursday, February 8th. The company reported $0.66 earnings per share for the quarter. The firm had revenue of $8.69 billion for the quarter. Subaru had a return on equity of 15.18% and a net margin of 7.63%. On average, sell-side analysts predict that Subaru Co. will post 1.58 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Captrust Financial Advisors increased its stake in Subaru by 179.0% in the 2nd quarter. Captrust Financial Advisors now owns 2,935 shares of the company’s stock worth $26,000 after purchasing an additional 1,883 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Subaru in the first quarter worth approximately $39,000. Rhumbline Advisers boosted its holdings in shares of Subaru by 41.4% during the third quarter. Rhumbline Advisers now owns 9,638 shares of the company’s stock worth $94,000 after purchasing an additional 2,820 shares during the period. SVB Wealth LLC purchased a new position in Subaru during the second quarter valued at approximately $111,000. Finally, Beddow Capital Management Inc. increased its stake in Subaru by 13.4% in the 3rd quarter. Beddow Capital Management Inc. now owns 71,943 shares of the company’s stock valued at $701,000 after buying an additional 8,500 shares during the period. Institutional investors and hedge funds own 0.01% of the company’s stock.

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.