Suzuki Motor (OTCMKTS:SZKMY) Hits New 1-Year High – Here’s What Happened

Suzuki Motor Co. (OTCMKTS:SZKMY) hit a new 52-week high during trading on Thursday . The stock traded as high as $53.83 and last traded at $51.98, with a volume of 24099 shares trading hands. The stock had previously closed at $50.36.

Analyst Ratings Changes

Separately, Macquarie raised Suzuki Motor from a “hold” rating to a “strong-buy” rating in a report on Friday, November 8th.

Suzuki Motor Stock Performance

The firm has a 50 day moving average of $47.39 and a 200-day moving average of $44.72. The stock has a market capitalization of $24.46 billion, a PE ratio of 14.93 and a beta of 1.16. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.17 and a current ratio of 1.58.

Suzuki Motor (OTCMKTS:SZKMY) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.25. 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.