Subaru (OTCMKTS:FUJHY) Hits New 52-Week High – Here’s Why

Subaru Corporation (OTCMKTS:FUJHY) reached a new 52-week high during trading on Thursday . The stock traded as high as $11.70 and last traded at $11.0150, with a volume of 969 shares changing hands. The stock had previously closed at $11.13.

Subaru Price Performance

The firm’s 50 day moving average price is $10.94 and its two-hundred day moving average price is $10.26. 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 stock has a market cap of $16.38 billion, a PE ratio of 9.16 and a beta of 0.34.

Subaru (OTCMKTS:FUJHY) last released its quarterly earnings data on Monday, November 10th. The company reported $0.17 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $7.53 billion. On average, research analysts expect that Subaru Corporation will post 1.44 earnings per share for the current year.

Hedge Funds Weigh In On Subaru

Several hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC raised its stake in shares of Subaru by 12.7% during the 2nd quarter. GAMMA Investing LLC now owns 15,286 shares of the company’s stock valued at $132,000 after purchasing an additional 1,728 shares during the period. CHICAGO TRUST Co NA boosted its stake in Subaru by 24.5% in the 2nd quarter. CHICAGO TRUST Co NA now owns 50,737 shares of the company’s stock worth $442,000 after purchasing an additional 9,993 shares during the period. Great Lakes Advisors LLC grew its holdings in Subaru by 11.6% during the 3rd quarter. Great Lakes Advisors LLC now owns 356,206 shares of the company’s stock valued at $3,601,000 after buying an additional 37,021 shares in the last quarter. Finally, Beddow Capital Management Inc. increased its position in shares of Subaru by 2.8% during the third 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 during the period. 0.01% of the stock is currently owned by hedge funds and other institutional investors.

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.