Suzuki Motor (OTCMKTS:SZKMY) Shares Cross Below 50 Day Moving Average – Should You Sell?

Shares of Suzuki Motor (OTCMKTS:SZKMY) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $49.39 and traded as low as $43.0401. Suzuki Motor shares last traded at $44.60, with a volume of 34,403 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Zacks Research upgraded shares of Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 15th. Dbs Bank upgraded shares of Suzuki Motor to a “moderate buy” rating in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Strong Buy”.

Suzuki Motor Trading Up 0.3%

The business has a 50-day moving average price of $49.39 and a two-hundred day moving average price of $55.86. The stock has a market capitalization of $21.51 billion, a P/E ratio of 7.84 and a beta of 0.50. The company has a current ratio of 1.66, a quick ratio of 1.23 and a debt-to-equity ratio of 0.11.

Suzuki Motor (OTCMKTS:SZKMY) last released its earnings results on Thursday, February 5th. The company reported $1.53 earnings per share for the quarter. The firm had revenue of $10.73 billion during the quarter. Suzuki Motor had a return on equity of 10.69% and a net margin of 6.78%.Suzuki Motor has set its FY 2025 guidance at 5.249-5.249 EPS. On average, analysts expect that Suzuki Motor will post 5.35 EPS for the current fiscal year.

About Suzuki Motor

Suzuki Motor Corporation traces its roots to 1909 when Michio Suzuki founded Suzuki Loom Works; the company later entered motor vehicle production and was reorganized as an independent motor company in the mid-20th century. Headquartered in Hamamatsu, Japan, Suzuki has grown into a multinational manufacturer known for producing compact, fuel-efficient vehicles and a broad range of two- and four-wheeled products. The company has a long history in small-car and motorcycle design and has adapted its product portfolio over decades to serve both personal and light commercial transport markets.

Suzuki’s primary business activities include the design, manufacture and sale of automobiles, motorcycles, all-terrain vehicles (ATVs), and outboard motors, along with related parts and accessories.