Subaru (OTCMKTS:FUJHY) Share Price Passes Above 50-Day Moving Average – Here’s Why

Subaru Co. (OTCMKTS:FUJHY) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $8.25 and traded as high as $8.30. Subaru shares last traded at $8.25, with a volume of 135,020 shares.

Subaru Stock Performance

The firm has a market capitalization of $12.10 billion, a P/E ratio of 4.66, a price-to-earnings-growth ratio of 0.26 and a beta of 0.61. The stock has a 50-day simple moving average of $8.24 and a two-hundred day simple moving average of $9.10. The company has a current ratio of 2.35, a quick ratio of 1.87 and a debt-to-equity ratio of 0.13.

Institutional Trading of Subaru

An institutional investor recently raised its position in Subaru stock. Beddow Capital Management Inc. grew its position in Subaru Co. (OTCMKTS:FUJHY) by 38.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 116,648 shares of the company’s stock after buying an additional 32,205 shares during the period. Beddow Capital Management Inc.’s holdings in Subaru were worth $1,012,000 at the end of the most recent quarter. Institutional investors and hedge funds own 0.01% of the company’s stock.

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.