Suzuki Motor (OTCMKTS:SZKMF) Stock Price Up 3% – Still a Buy?

Suzuki Motor Co. (OTCMKTS:SZKMF – Get Free Report) rose 3% on Thursday. The stock traded as high as $13.1660 and last traded at $13.1660. Approximately 300 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 30,623 shares. The stock had previously closed at $12.7780.

Suzuki Motor Stock Performance

The stock has a 50-day moving average price of $12.89 and a 200 day moving average price of $12.19.

Suzuki Motor Company Profile

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Suzuki Motor Corporation is a Japan-based manufacturer of automobiles, motorcycles and marine products. The company is best known for compact cars, sport utility vehicles, small commercial vehicles and motorcycles, and it also produces outboard motors and related marine equipment. Suzuki’s products are positioned around practical, efficient transportation and are sold through a global network of subsidiaries, distributors and manufacturing partners.

Founded in 1909 as Suzuki Loom Works and incorporated as Suzuki Loom Manufacturing Company in 1920, the company initially produced weaving equipment before entering the automotive industry.

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