Shares of Subaru Co. (OTCMKTS:FUJHY – Get Rating) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $8.82 and traded as high as $8.89. Subaru shares last traded at $8.77, with a volume of 56,776 shares.
Analyst Ratings Changes
Separately, The Goldman Sachs Group raised shares of Subaru from a “neutral” rating to a “buy” rating in a report on Tuesday, May 31st.
Subaru Stock Up 3.3 %
The firm’s fifty day moving average price is $8.83 and its 200 day moving average price is $8.36. The stock has a market cap of $13.55 billion, a PE ratio of 19.43 and a beta of 0.47.
Institutional Investors Weigh In On Subaru
Several large investors have recently bought and sold shares of FUJHY. Beddow Capital Management Inc. increased its position in Subaru by 136.0% during the second quarter. Beddow Capital Management Inc. now owns 31,435 shares of the company’s stock valued at $279,000 after acquiring an additional 18,117 shares during the last quarter. SVB Wealth LLC purchased a new stake in Subaru in the second quarter worth about $111,000. Finally, Captrust Financial Advisors lifted its stake in Subaru by 179.0% in the second quarter. Captrust Financial Advisors now owns 2,935 shares of the company’s stock worth $26,000 after acquiring an additional 1,883 shares during the period.
Subaru Corporation manufactures and sells automobiles and aerospace products worldwide. It operates through three segments: Automotive Business Unit, Aerospace Company, and Other Businesses. The company manufactures, sells, and repairs passenger cars and their components, airplanes, aerospace-related machinery, and related components; and rents and manages real estate properties.
- Get a free copy of the StockNews.com research report on Subaru (FUJHY)
- What Steelcase’s Earnings Say About the Return to the Office?
- The Institutions Hold On To Darden Restaurants International
- These 3 Big Dividend Payers Also Boast Strong Price Growth
- Is The Golden Age Of Homebuilding Already Over?
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
Receive News & Ratings for Subaru Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Subaru and related companies with MarketBeat.com's FREE daily email newsletter.