Subaru (OTCMKTS:FUJHY) Hits New 52-Week High – Here’s Why

Shares of Subaru Corporation (OTCMKTS:FUJHY) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $11.70 and last traded at $11.0150, with a volume of 969 shares changing hands. The stock had previously closed at $11.13.

Subaru Stock Performance

The stock has a fifty day simple moving average of $10.94 and a two-hundred day simple moving average of $10.26. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.99 and a current ratio of 2.49. The stock has a market capitalization of $16.38 billion, a price-to-earnings ratio of 9.16 and a beta of 0.34.

Subaru (OTCMKTS:FUJHY) last announced its earnings results on Monday, November 10th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.15 by $0.02. Subaru had a return on equity of 9.62% and a net margin of 5.49%.The company had revenue of $7.61 billion for the quarter, compared to analyst estimates of $7.53 billion. Analysts forecast that Subaru Corporation will post 1.44 earnings per share for the current fiscal year.

Institutional Trading of Subaru

Several large investors have recently modified their holdings of FUJHY. GAMMA Investing LLC lifted its position in shares of Subaru by 12.7% during the 2nd quarter. GAMMA Investing LLC now owns 15,286 shares of the company’s stock valued at $132,000 after acquiring an additional 1,728 shares during the period. CHICAGO TRUST Co NA boosted its position in shares of Subaru by 24.5% during the second quarter. CHICAGO TRUST Co NA now owns 50,737 shares of the company’s stock valued at $442,000 after buying an additional 9,993 shares during the last quarter. Great Lakes Advisors LLC grew its holdings in Subaru by 11.6% during 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 in the last quarter. Finally, Beddow Capital Management Inc. raised its position in Subaru by 2.8% in the 3rd quarter. Beddow Capital Management Inc. now owns 595,371 shares of the company’s stock valued at $6,019,000 after buying an additional 16,372 shares during the last quarter. Institutional investors and hedge funds 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.