Subaru (OTCMKTS:FUJHY) Sees Unusually-High Trading Volume – Time to Buy?

Subaru Corporation (OTCMKTS:FUJHY) shares saw unusually-strong trading volume on Tuesday . 414,855 shares were traded during mid-day trading, an increase of 63% from the previous session’s volume of 254,314 shares.The stock last traded at $7.90 and had previously closed at $8.00.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on FUJHY shares. Zacks Research cut shares of Subaru from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 7th. UBS Group downgraded shares of Subaru from a “neutral” rating to a “sell” rating in a research report on Thursday, June 18th. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce”.

Subaru Price Performance

The business’s fifty day simple moving average is $7.62 and its 200 day simple moving average is $8.89. The stock has a market cap of $11.34 billion, a price-to-earnings ratio of 17.96 and a beta of 0.37.

Subaru (OTCMKTS:FUJHY) last issued its earnings results on Friday, May 15th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.18). Subaru had a return on equity of 3.38% and a net margin of 1.96%.The business had revenue of $8.01 billion for the quarter, compared to analyst estimates of $7.67 billion. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. As a group, equities analysts forecast that Subaru Corporation will post 0.56 EPS for the current fiscal year.

Hedge Funds Weigh In On Subaru

Several hedge funds and other institutional investors have recently modified their holdings of FUJHY. Great Lakes Advisors LLC boosted its stake in Subaru by 7.1% during the 4th quarter. Great Lakes Advisors LLC now owns 381,638 shares of the company’s stock valued at $4,095,000 after purchasing an additional 25,432 shares during the period. CHICAGO TRUST Co NA raised its position in 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 acquiring an additional 6,761 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in Subaru by 14.0% during the fourth quarter. GAMMA Investing LLC now owns 18,891 shares of the company’s stock valued at $203,000 after purchasing an additional 2,326 shares during the last quarter. Institutional investors and hedge funds 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.