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 changing hands.

Subaru Price Performance

The stock has a 50-day moving average price of $8.24 and a two-hundred day moving average price 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. The stock has a market cap of $12.10 billion, a price-to-earnings ratio of 4.66, a PEG ratio of 0.26 and a beta of 0.61.

Institutional Investors Weigh In On Subaru

An institutional investor recently raised its position in Subaru stock. CHICAGO TRUST Co NA increased its stake in shares of Subaru Co. (OTCMKTS:FUJHY) by 53.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,023 shares of the company’s stock after buying an additional 11,872 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Subaru were worth $295,000 as of its most recent SEC filing. Institutional investors and hedge funds own 0.01% of the company’s stock.

Subaru Company Profile

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.