Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Down – What’s Next?

Suzuki Motor (OTCMKTS:SZKMY) 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.

Analyst Upgrades and Downgrades

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

Suzuki Motor Stock Up 1.2%

The stock has a market cap of $29.23 billion, a P/E ratio of 10.94 and a beta of 0.43. The company has a quick ratio of 1.22, a current ratio of 1.60 and a debt-to-equity ratio of 0.11. The company has a 50-day simple moving average of $59.60 and a two-hundred day simple moving average of $53.41.

Suzuki Motor (OTCMKTS:SZKMY) last issued its earnings results on Thursday, November 6th. The company reported $1.28 EPS for the quarter. The company had revenue of $9.94 billion for the quarter. Suzuki Motor had a net margin of 6.71% and a return on equity of 10.44%. On average, equities analysts forecast that Suzuki Motor will post 5.11 EPS 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.