Short Interest in Isuzu Motors Ltd. (OTCMKTS:ISUZY) Drops By 98.7%

Isuzu Motors Ltd. (OTCMKTS:ISUZY) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 360 shares, a drop of 98.7% from the August 15th total of 27,594 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 129,335 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Zacks Research raised Isuzu Motors to a “hold” rating in a report on Thursday, June 4th. UBS Group raised Isuzu Motors from a “neutral” rating to a “buy” rating in a report on Thursday, June 18th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Isuzu Motors Trading Up 2.6%

ISUZY traded up $0.36 during trading on Friday, reaching $14.27. 19,237 shares of the company’s stock were exchanged, compared to its average volume of 77,413. The company has a current ratio of 1.72, a quick ratio of 1.10 and a debt-to-equity ratio of 0.39. Isuzu Motors has a one year low of $12.05 and a one year high of $18.94. The firm has a fifty day moving average price of $14.26 and a two-hundred day moving average price of $14.50. The stock has a market capitalization of $9.83 billion, a PE ratio of 10.57 and a beta of 0.55.

Isuzu Motors (OTCMKTS:ISUZY) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.01). Isuzu Motors had a net margin of 4.08% and a return on equity of 8.71%. The business had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.17 billion. As a group, equities research analysts forecast that Isuzu Motors will post 1.71 earnings per share for the current fiscal year.

Isuzu Motors Company Profile

Isuzu Motors Limited is a Japanese manufacturer specializing in commercial vehicles, diesel engines and related products. Its vehicle lineup includes light-duty trucks, medium- and heavy-duty trucks, buses and pickup trucks, including the D-Max pickup in selected markets.

The company also develops and manufactures diesel and alternative-powertrain engines for commercial vehicles, industrial equipment and other applications. Isuzu supplies engines and powertrains to customers and business partners in transportation, construction, agriculture and other industries.

Founded in 1916, Isuzu adopted its current corporate name in 1934, taking its name from the Isuzu River near Japan’s Ise Grand Shrine.