Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Down – Should You Sell?

by · The Markets Daily

Suzuki Motor (OTCMKTS:SZKMY – Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $58.82, but opened at $56.50. Suzuki Motor shares last traded at $59.2950, with a volume of 8,198 shares traded.

Wall Street Analyst Weigh In

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 investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

Check Out Our Latest Analysis on SZKMY

Suzuki Motor Stock Up 1.2%

The business has a fifty day moving average price of $59.60 and a two-hundred day moving average price of $53.41. The company has a current ratio of 1.60, a quick ratio of 1.22 and a debt-to-equity ratio of 0.11. The company has a market cap of $29.23 billion, a price-to-earnings ratio of 10.94 and a beta of 0.43.

Suzuki Motor (OTCMKTS:SZKMY – Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The company reported $1.28 EPS for the quarter. Suzuki Motor had a net margin of 6.71% and a return on equity of 10.44%. The business had revenue of $9.94 billion during the quarter. On average, equities analysts predict that Suzuki Motor will post 5.11 earnings per share for the current year.

Suzuki Motor Company Profile

(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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