Subaru (OTCMKTS:FUJHY) Reaches New 52-Week Low – What’s Next?

Shares of Subaru Co. (OTCMKTS:FUJHY) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $7.51 and last traded at $7.83, with a volume of 332825 shares. The stock had previously closed at $7.78.

Subaru Price Performance

The stock’s 50 day moving average is $8.55 and its 200-day moving average is $9.56. The company has a market capitalization of $11.45 billion, a P/E ratio of 4.42, a P/E/G ratio of 0.24 and a beta of 0.64.

Institutional Investors Weigh In On Subaru

A hedge fund recently raised its stake in Subaru stock. Beddow Capital Management Inc. grew its stake in shares of Subaru Co. (OTCMKTS:FUJHY) by 38.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 116,648 shares of the company’s stock after acquiring an additional 32,205 shares during the quarter. Beddow Capital Management Inc.’s holdings in Subaru were worth $1,012,000 at the end of the most recent quarter. Hedge funds and other institutional investors 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.