Subaru (OTCMKTS:FUJHY) Shares Gap Down – Time to Sell?

Subaru Corporation (OTCMKTS:FUJHY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $10.72, but opened at $10.35. Subaru shares last traded at $10.60, with a volume of 1,646 shares.

Subaru Price Performance

The company has a market cap of $15.42 billion, a P/E ratio of 8.62 and a beta of 0.33. The company has a fifty day simple moving average of $10.62 and a 200-day simple moving average of $9.85.

Subaru (OTCMKTS:FUJHY) last released its quarterly earnings data on Monday, November 10th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.02. The business had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7.53 billion. Subaru had a return on equity of 9.69% and a net margin of 5.49%. On average, analysts anticipate that Subaru Corporation will post 1.44 EPS for the current year.

Institutional Trading of Subaru

A number of hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC increased its position in shares of Subaru by 12.7% in the second quarter. GAMMA Investing LLC now owns 15,286 shares of the company’s stock worth $132,000 after acquiring an additional 1,728 shares in the last quarter. CHICAGO TRUST Co NA raised its stake in Subaru by 24.5% during the 2nd quarter. CHICAGO TRUST Co NA now owns 50,737 shares of the company’s stock valued at $442,000 after purchasing an additional 9,993 shares during the period. Great Lakes Advisors LLC lifted its holdings in shares of Subaru by 26.8% in the first quarter. Great Lakes Advisors LLC now owns 293,796 shares of the company’s stock valued at $2,618,000 after purchasing an additional 62,043 shares in the last quarter. Finally, Beddow Capital Management Inc. boosted its position in shares of Subaru by 2.8% in the third quarter. Beddow Capital Management Inc. now owns 595,371 shares of the company’s stock worth $6,019,000 after buying an additional 16,372 shares during the period. 0.01% of the stock is owned by hedge funds and other institutional investors.

About Subaru

Subaru Corporation manufactures and sells automobiles and aerospace products in Japan, rest of Asia, North America, Europe, and internationally. It operates through three segments: Automotive, Aerospace, and Others. The company manufactures, sells, and repairs passenger cars and their components, aircrafts, aerospace-related machinery, and related components; and rents and manages real estate properties.