Subaru (OTCMKTS:FUJHY) Shares Gap Down – Here’s What Happened

Subaru Corporation (OTCMKTS:FUJHY) 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 trading hands.

Subaru Trading Down 1.9%

The firm’s fifty day moving average is $10.92 and its two-hundred day moving average is $10.39. 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 $15.32 billion, a PE ratio of 8.57 and a beta of 0.34.

Subaru (OTCMKTS:FUJHY) last issued its quarterly earnings results on Monday, November 10th. The company reported $0.17 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 firm had revenue of $7.61 billion for the quarter, compared to analysts’ expectations of $7.53 billion. On average, equities analysts predict that Subaru Corporation will post 1.44 EPS for the current fiscal year.

Institutional Investors Weigh In On Subaru

A number of institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC lifted its position in Subaru by 12.7% during the second 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 during the last quarter. CHICAGO TRUST Co NA boosted its position in shares of Subaru by 27.5% in the 3rd 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 in the last quarter. Great Lakes Advisors LLC grew its stake in Subaru by 11.6% during the 3rd quarter. Great Lakes Advisors LLC now owns 356,206 shares of the company’s stock worth $3,601,000 after buying an additional 37,021 shares during the last quarter. Finally, Beddow Capital Management Inc. increased its position in Subaru by 2.8% during the 3rd quarter. Beddow Capital Management Inc. now owns 595,371 shares of the company’s stock valued at $6,019,000 after buying an additional 16,372 shares in the last quarter. Hedge funds and other 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.