Subaru (OTCMKTS:FUJHY) Reaches New 12-Month Low – Here’s Why

Subaru Corporation (OTCMKTS:FUJHY) shares hit a new 52-week low on Tuesday . The company traded as low as $7.21 and last traded at $7.24, with a volume of 16517 shares. The stock had previously closed at $7.37.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of Subaru from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold”.

Subaru Trading Down 2.4%

The firm’s 50 day moving average is $8.01 and its 200 day moving average is $9.78. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.41 and a quick ratio of 1.86. The company has a market capitalization of $10.32 billion, a PE ratio of 14.39 and a beta of 0.36.

Subaru (OTCMKTS:FUJHY) last announced its quarterly earnings results on Friday, February 6th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.34). The firm had revenue of $7.23 billion for the quarter, compared to analysts’ expectations of $7.22 billion. Subaru had a net margin of 2.27% and a return on equity of 3.87%. As a group, equities analysts predict that Subaru Corporation will post 0.52 EPS for the current year.

Institutional Trading of Subaru

Institutional investors have recently modified their holdings of the company. Great Lakes Advisors LLC grew its stake in shares of Subaru by 11.6% in the third quarter. Great Lakes Advisors LLC now owns 356,206 shares of the company’s stock worth $3,601,000 after purchasing an additional 37,021 shares during the last quarter. Beddow Capital Management Inc. raised 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 purchasing an additional 16,372 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Subaru by 14.0% in the 4th quarter. GAMMA Investing LLC now owns 18,891 shares of the company’s stock worth $203,000 after buying an additional 2,326 shares during the period. Finally, CHICAGO TRUST Co NA lifted its holdings in Subaru by 10.8% in the 1st quarter. CHICAGO TRUST Co NA now owns 69,466 shares of the company’s stock worth $542,000 after buying an additional 6,761 shares during the period. 0.01% of the stock is currently owned by hedge funds and other 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.