Isuzu Motors Ltd. (OTCMKTS:ISUZY) Stock Short Interest Declines 99.1%

Isuzu Motors Ltd. (OTCMKTS:ISUZY) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 68 shares, a decrease of 99.1% from the September 15th total of 7,315 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 84,876 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded Isuzu Motors from a “neutral” rating to a “buy” rating in a research report on Thursday, June 18th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Isuzu Motors Trading Up 0.5%

Shares of Isuzu Motors stock traded up $0.07 during trading on Friday, reaching $13.34. The company’s stock had a trading volume of 85,667 shares, compared to its average volume of 71,192. The company has a quick ratio of 1.03, a current ratio of 1.72 and a debt-to-equity ratio of 0.39. Isuzu Motors has a 52-week low of $12.05 and a 52-week high of $18.94. The firm’s 50-day moving average is $13.91 and its two-hundred day moving average is $14.08. The company has a market cap of $9.19 billion, a price-to-earnings ratio of 9.88 and a beta of 0.59.

Isuzu Motors (OTCMKTS:ISUZY) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.01). Isuzu Motors had a return on equity of 8.71% and a net margin of 4.08%. The business had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.17 billion. On average, sell-side analysts anticipate that Isuzu Motors will post 1.71 earnings per share for the current year.

About Isuzu Motors

Isuzu Motors Limited is a Japanese manufacturer specializing in commercial vehicles, diesel engines and related transportation equipment. Its product portfolio includes light-, medium- and heavy-duty trucks, buses, pickup trucks and other commercial vehicles, as well as diesel and other powertrain systems used in automotive, industrial and marine applications.

The company traces its history to 1916 and adopted the Isuzu name in the 1930s, later becoming Isuzu Motors Limited in 1949. Isuzu has built its business around commercial transportation, with products designed for freight, passenger transport, construction, distribution and other professional uses.

Isuzu serves customers in Japan and international markets across Asia, Oceania, Africa, Europe, North America and other regions through manufacturing operations, distributors and vehicle-service networks.