Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Up – Should You Buy?

Suzuki Motor (OTCMKTS:SZKMY) gapped up prior to trading on Friday . The stock had previously closed at $57.02, but opened at $59.51. Suzuki Motor shares last traded at $60.0250, with a volume of 4,902 shares.

Analyst Upgrades and Downgrades

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

Suzuki Motor Stock Performance

The company has a quick ratio of 1.22, a current ratio of 1.59 and a debt-to-equity ratio of 0.10. The company has a market cap of $29.36 billion, a price-to-earnings ratio of 10.99 and a beta of 0.58. The stock has a 50 day simple moving average of $58.71 and a 200 day simple moving average of $52.27.

Suzuki Motor (OTCMKTS:SZKMY) last released its earnings results on Thursday, November 6th. The company reported $1.28 earnings per share (EPS) for the quarter. The firm had revenue of $9.94 billion for the quarter. Suzuki Motor had a return on equity of 10.58% and a net margin of 6.71%. As a group, analysts predict 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.