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

Subaru Corporation (OTCMKTS:FUJHY) shares gapped down prior to trading on Monday . The stock had previously closed at $10.65, but opened at $10.21. Subaru shares last traded at $10.53, with a volume of 7,981 shares.

Subaru Trading Down 1.9%

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 business’s 50 day moving average price is $10.92 and its 200-day moving average price is $10.39. The firm has a market cap of $15.32 billion, a price-to-earnings ratio of 8.57 and a beta of 0.34.

Subaru (OTCMKTS:FUJHY) last announced its quarterly earnings data on Monday, November 10th. The company reported $0.17 earnings per share 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 firm had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7.53 billion. Equities analysts expect that Subaru Corporation will post 1.44 EPS for the current year.

Hedge Funds Weigh In On Subaru

Several large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake in Subaru by 8.4% during the 3rd quarter. GAMMA Investing LLC now owns 16,565 shares of the company’s stock valued at $167,000 after buying an additional 1,279 shares during the period. CHICAGO TRUST Co NA boosted its holdings in shares of Subaru by 27.5% during the third quarter. CHICAGO TRUST Co NA now owns 64,666 shares of the company’s stock worth $663,000 after purchasing an additional 13,929 shares during the period. Beddow Capital Management Inc. grew its stake in Subaru by 2.8% in the third 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 in the last quarter. Finally, Great Lakes Advisors LLC raised its stake in shares of Subaru by 11.6% in the 3rd quarter. Great Lakes Advisors LLC now owns 356,206 shares of the company’s stock valued at $3,601,000 after acquiring an additional 37,021 shares in the last quarter. 0.01% of the stock is currently owned by institutional investors.

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.