Subaru (OTCMKTS:FUJHY) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Subaru Corporation (OTCMKTS:FUJHY) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $8.20 and traded as low as $8.18. Subaru shares last traded at $8.21, with a volume of 182,723 shares traded.

Analysts Set New Price Targets

A number of research firms have recently weighed in on FUJHY. UBS Group cut Subaru from a “neutral” rating to a “sell” rating in a research report on Thursday, June 18th. Zacks Research upgraded shares of Subaru from a “strong sell” rating to a “hold” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Subaru presently has an average rating of “Reduce”.

Subaru Trading Up 3.0%

The stock has a 50 day simple moving average of $7.87 and a 200-day simple moving average of $8.20. The firm has a market cap of $11.78 billion, a P/E ratio of 20.53, a P/E/G ratio of 0.35 and a beta of 0.35.

Subaru (OTCMKTS:FUJHY) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.05). Subaru had a net margin of 1.77% and a return on equity of 3.01%. The business had revenue of $7.94 billion for the quarter, compared to analysts’ expectations of $7.94 billion. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. As a group, equities analysts forecast that Subaru Corporation will post 0.66 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Subaru stock. Great Lakes Advisors LLC boosted its stake in shares of Subaru Corporation (OTCMKTS:FUJHY) by 7.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 381,638 shares of the company’s stock after acquiring an additional 25,432 shares during the quarter. Great Lakes Advisors LLC’s holdings in Subaru were worth $4,095,000 as of its most recent SEC filing. 0.01% of the stock is currently owned by institutional investors and hedge funds.

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.