Subaru (OTCMKTS:FUJHY) Shares Gap Down – Time to Sell?

Subaru Corporation (OTCMKTS:FUJHY) gapped down prior to trading on Tuesday . The stock had previously closed at $10.82, but opened at $10.50. Subaru shares last traded at $10.84, with a volume of 63,356 shares.

Subaru Stock Up 0.3%

The firm has a market cap of $15.91 billion, a price-to-earnings ratio of 8.89 and a beta of 0.33. The stock has a 50-day moving average of $10.90 and a 200-day moving average of $10.08. The company has a current ratio of 2.49, a quick ratio of 1.99 and a debt-to-equity ratio of 0.13.

Subaru (OTCMKTS:FUJHY) last posted its earnings results on Monday, November 10th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $7.53 billion. As a group, sell-side analysts forecast that Subaru Corporation will post 1.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Great Lakes Advisors LLC boosted its position in shares of Subaru by 26.8% during the first quarter. Great Lakes Advisors LLC now owns 293,796 shares of the company’s stock worth $2,618,000 after buying an additional 62,043 shares during the period. GAMMA Investing LLC raised its stake in 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 in the last quarter. CHICAGO TRUST Co NA boosted its position in Subaru by 24.5% during the 2nd quarter. CHICAGO TRUST Co NA now owns 50,737 shares of the company’s stock worth $442,000 after acquiring an additional 9,993 shares during the period. Finally, Beddow Capital Management Inc. grew its stake 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 purchasing an additional 16,372 shares in the last quarter. Institutional investors own 0.01% of the company’s stock.

About Subaru

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.