Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Up – Still a Buy?

Suzuki Motor (OTCMKTS:SZKMY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $59.06, but opened at $61.40. Suzuki Motor shares last traded at $59.4680, with a volume of 1,881 shares.

Wall Street Analyst Weigh In

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

Suzuki Motor Stock Performance

The company has a market cap of $29.21 billion, a PE ratio of 10.93 and a beta of 0.58. The stock’s 50 day simple moving average is $58.36 and its two-hundred day simple moving average is $51.85. The company has a quick ratio of 1.22, a current ratio of 1.59 and a debt-to-equity ratio of 0.10.

Suzuki Motor (OTCMKTS:SZKMY) last issued its quarterly earnings data on Thursday, November 6th. The company reported $1.28 EPS for the quarter. Suzuki Motor had a return on equity of 10.58% and a net margin of 6.71%.The company had revenue of $9.94 billion for the quarter. As a group, research analysts anticipate that Suzuki Motor will post 5.11 earnings per share for the current year.

Suzuki Motor Company Profile

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.