Suzuki Motor (OTCMKTS:SZKMY) Sets New 1-Year High – What’s Next?

Suzuki Motor Co. (OTCMKTS:SZKMY) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $50.33 and last traded at $47.82, with a volume of 71858 shares trading hands. The stock had previously closed at $48.03.

Analyst Ratings Changes

Separately, Macquarie upgraded shares of Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 8th.

Suzuki Motor Stock Down 0.4 %

The company has a debt-to-equity ratio of 0.16, a current ratio of 1.61 and a quick ratio of 1.22. The firm has a market capitalization of $23.49 billion, a P/E ratio of 13.60 and a beta of 1.14. The firm’s fifty day moving average price is $45.04 and its 200-day moving average price is $44.12.

Suzuki Motor (OTCMKTS:SZKMY) last issued its quarterly earnings results on Friday, November 8th. The company reported $1.44 earnings per share (EPS) for the quarter. The firm had revenue of $9.39 billion for the quarter. As a group, equities research analysts forecast that Suzuki Motor Co. will post 5.11 earnings per share for the current year.

About Suzuki Motor

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.