Subaru (OTCMKTS:FUJHY) Share Price Passes Below Two Hundred Day Moving Average of $8.50

Shares of Subaru Co. (OTCMKTS:FUJHYGet Rating) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $8.50 and traded as low as $8.15. Subaru shares last traded at $8.38, with a volume of 119,058 shares traded.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley assumed coverage on shares of Subaru in a research report on Tuesday, October 25th. They set an “underweight” rating for the company.

Subaru Trading Up 0.4 %

The company has a market cap of $12.86 billion, a price-to-earnings ratio of 16.12 and a beta of 0.54. The firm’s 50-day moving average price is $8.09 and its 200 day moving average price is $8.50.

Institutional Trading of Subaru

Large investors have recently modified their holdings of the stock. Captrust Financial Advisors lifted its holdings in shares of Subaru by 179.0% in the 2nd quarter. Captrust Financial Advisors now owns 2,935 shares of the company’s stock worth $26,000 after purchasing an additional 1,883 shares in the last quarter. SVB Wealth LLC bought a new position in shares of Subaru in the 2nd quarter worth $111,000. Finally, Beddow Capital Management Inc. lifted its holdings in shares of Subaru by 136.0% in the 2nd quarter. Beddow Capital Management Inc. now owns 31,435 shares of the company’s stock worth $279,000 after purchasing an additional 18,117 shares in the last quarter.

Subaru Company Profile

(Get Rating)

Subaru Corporation manufactures and sells automobiles and aerospace products worldwide. It operates through three segments: Automotive Business Unit, Aerospace Company, and Other Businesses. The company manufactures, sells, and repairs passenger cars and their components, airplanes, aerospace-related machinery, and related components; and rents and manages real estate properties.

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