Suzuki Motor (OTCMKTS:SZKMY) Sets New 1-Year High – Should You Buy?

by · The Markets Daily

Suzuki Motor (OTCMKTS:SZKMY – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $64.9399 and last traded at $62.77, with a volume of 32296 shares trading hands. The stock had previously closed at $62.84.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Suzuki Motor from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Suzuki Motor currently has a consensus rating of “Buy”.

Check Out Our Latest Stock Report on Suzuki Motor

Suzuki Motor Stock Performance

The stock has a market capitalization of $29.91 billion, a price-to-earnings ratio of 11.19 and a beta of 0.43. The company has a quick ratio of 1.22, a current ratio of 1.59 and a debt-to-equity ratio of 0.10. The stock’s 50-day simple moving average is $59.52 and its 200 day simple moving average is $53.08.

Suzuki Motor (OTCMKTS:SZKMY – Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported $1.28 earnings per share for the quarter. The company had revenue of $9.94 billion during the quarter. Suzuki Motor had a net margin of 6.71% and a return on equity of 10.58%. Analysts expect that Suzuki Motor will post 5.11 earnings per share for the current fiscal year.

About Suzuki Motor

(Get Free Report)

Suzuki Motor Corporation engages in the manufacturing and marketing of automobiles, motorcycles, and marine products in Japan, rest of Asia, Europe, North America, and internationally. It offers mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, motorized wheelchairs, and electro senior vehicles.

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