Subaru (OTCMKTS:FUJHY) Shares Gap Down – Should You Sell?

Subaru Corporation (OTCMKTS:FUJHY)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $10.67, but opened at $10.12. Subaru shares last traded at $10.55, with a volume of 15,217 shares traded.

Subaru Price Performance

The stock has a 50 day moving average price of $10.91 and a two-hundred day moving average price of $10.17. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.49 and a quick ratio of 1.99. The firm has a market capitalization of $15.51 billion, a price-to-earnings ratio of 8.67 and a beta of 0.34.

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

Institutional Investors Weigh In On Subaru

Several large investors have recently bought and sold shares of the stock. GAMMA Investing LLC grew its holdings in shares of Subaru by 8.4% during the third quarter. GAMMA Investing LLC now owns 16,565 shares of the company’s stock worth $167,000 after buying an additional 1,279 shares during the last quarter. CHICAGO TRUST Co NA lifted 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. Beddow Capital Management Inc. grew its stake in shares of 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 purchasing an additional 16,372 shares during the last quarter. Finally, Great Lakes Advisors LLC increased 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 valued at $3,601,000 after purchasing an additional 37,021 shares during the period. 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.