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

Subaru Co. (OTCMKTS:FUJHY)’s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $8.80 and traded as high as $9.05. Subaru shares last traded at $8.96, with a volume of 116,302 shares traded.

Subaru Stock Performance

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 company has a market cap of $13.14 billion, a price-to-earnings ratio of 4.98, a price-to-earnings-growth ratio of 0.25 and a beta of 0.58. The stock has a 50-day moving average price of $8.80 and a 200 day moving average price of $8.64.

Subaru (OTCMKTS:FUJHY) last announced its earnings results on Thursday, February 13th. The company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.46 by $0.23. Subaru had a net margin of 8.50% and a return on equity of 15.26%. As a group, analysts anticipate that Subaru Co. will post 1.44 EPS for the current fiscal year.

Institutional Investors Weigh In On Subaru

Institutional investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers increased its holdings in 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 in the last quarter. Great Lakes Advisors LLC lifted its holdings 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 in the last quarter. GAMMA Investing LLC acquired a new position in shares of Subaru during the fourth quarter worth about $83,000. Finally, Beddow Capital Management Inc. grew its holdings 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 buying an additional 23,950 shares in the last quarter. 0.01% of the stock is 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.