Subaru (OTCMKTS:FUJHY) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Subaru Co. (OTCMKTS:FUJHY)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.80 and traded as low as $8.92. Subaru shares last traded at $9.03, with a volume of 173,902 shares.

Subaru Trading Down 0.2 %

The company has a market capitalization of $13.52 billion, a price-to-earnings ratio of 5.10, a price-to-earnings-growth ratio of 0.22 and a beta of 0.64. The stock has a 50-day simple moving average of $8.82 and a 200-day simple moving average of $9.79.

Subaru (OTCMKTS:FUJHY) last released its earnings results on Monday, August 5th. The company reported $0.36 earnings per share for the quarter. The firm had revenue of $7.01 billion during the quarter. Subaru had a return on equity of 15.97% and a net margin of 8.40%. On average, research analysts forecast that Subaru Co. will post 1.59 EPS for the current year.

Institutional Investors Weigh In On Subaru

An institutional investor recently bought a new position in Subaru stock. CHICAGO TRUST Co NA bought a new stake in shares of Subaru Co. (OTCMKTS:FUJHY) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 22,151 shares of the company’s stock, valued at approximately $235,000. 0.01% of the stock is owned by institutional investors and hedge funds.

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.