Subaru (OTCMKTS:FUJHY) Shares Pass Below 50-Day Moving Average – Here’s Why

Subaru Corporation (OTCMKTS:FUJHY)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $7.80 and traded as low as $7.69. Subaru shares last traded at $7.71, with a volume of 197,132 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut shares of Subaru from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 7th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Subaru presently has a consensus rating of “Hold”.

Subaru Price Performance

The stock’s 50-day moving average is $7.80 and its 200 day moving average is $9.54. The company has a market cap of $11.06 billion, a PE ratio of 17.52 and a beta of 0.36. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.41 and a quick ratio of 1.86.

Subaru (OTCMKTS:FUJHY) last posted its quarterly earnings results on Friday, May 15th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.18). The company had revenue of $8.01 billion during the quarter, compared to analysts’ expectations of $7.67 billion. Subaru had a return on equity of 3.38% and a net margin of 1.96%.Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. On average, equities analysts anticipate that Subaru Corporation will post 0.57 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised its holdings in shares of Subaru by 14.0% in the fourth quarter. GAMMA Investing LLC now owns 18,891 shares of the company’s stock worth $203,000 after buying an additional 2,326 shares during the last quarter. CHICAGO TRUST Co NA raised its holdings in shares of Subaru by 10.8% in the first quarter. CHICAGO TRUST Co NA now owns 69,466 shares of the company’s stock worth $542,000 after buying an additional 6,761 shares during the last quarter. Great Lakes Advisors LLC raised its holdings in shares of Subaru by 11.6% in the third quarter. Great Lakes Advisors LLC now owns 356,206 shares of the company’s stock worth $3,601,000 after buying an additional 37,021 shares during the last quarter. Finally, Beddow Capital Management Inc. raised its holdings in shares of Subaru by 2.8% in the third quarter. Beddow Capital Management Inc. now owns 595,371 shares of the company’s stock worth $6,019,000 after buying an additional 16,372 shares during the last quarter. Hedge funds and other institutional investors own 0.01% of the company’s stock.

Subaru Company Profile

Subaru Corporation, traded over the counter as OTCMKTS:FUJHY, is a Japanese multinational automaker known for its distinctive use of the horizontally opposed “boxer” engine and standard symmetrical all-wheel-drive system across most of its vehicle lineup. Founded in 1953 as Fuji Heavy Industries, the company rebranded to Subaru Corporation in 2017 to align its corporate identity with its well‐established automotive brand. Subaru’s product portfolio includes compact and midsize sedans, sport wagons, crossovers and SUVs, with flagship models such as the Impreza, Legacy, Outback, Forester and Crosstrek (also marketed as the XV in some regions), as well as the performance-oriented BRZ sports coupe developed in partnership with Toyota.

In addition to passenger vehicles, Subaru Corporation is involved in the manufacturing of automotive components, aerospace products and industrial machinery, leveraging advanced materials and precision engineering capabilities inherited from its Fuji Heavy Industries heritage.