Suzuki Motor Co. (OTCMKTS:SZKMY) Short Interest Update

Suzuki Motor Co. (OTCMKTS:SZKMY – Get Rating) saw a significant increase in short interest in May. As of May 15th, there was short interest totalling 1,400 shares, an increase of 133.3% from the April 30th total of 600 shares. Based on an average daily volume of 6,200 shares, the days-to-cover ratio is currently 0.2 days.

Suzuki Motor Price Performance

Shares of Suzuki Motor stock traded up $0.16 during midday trading on Friday, reaching $130.98. The company had a trading volume of 5,508 shares, compared to its average volume of 6,332. The company has a current ratio of 1.55, a quick ratio of 1.22 and a debt-to-equity ratio of 0.17. Suzuki Motor has a 1-year low of $115.25 and a 1-year high of $153.00. The company has a market capitalization of $16.08 billion, a price-to-earnings ratio of 9.55 and a beta of 1.06. The stock has a fifty day simple moving average of $139.64 and a 200 day simple moving average of $139.48.

Suzuki Motor (OTCMKTS:SZKMY – Get Rating) last released its earnings results on Monday, May 15th. The company reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.30 by $0.20. Suzuki Motor had a net margin of 4.77% and a return on equity of 9.39%. The company had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.34 billion. As a group, equities research analysts forecast that Suzuki Motor will post 14.92 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Morgan Stanley assumed coverage on Suzuki Motor in a research note on Tuesday, April 25th. They issued an “overweight” rating on the stock. The Goldman Sachs Group lowered shares of Suzuki Motor from a “conviction-buy” rating to a “buy” rating in a report on Sunday, April 9th.

Suzuki Motor Company Profile

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Suzuki Motor Corp. engages in the research, development, design, manufacture, sale, and distribution of motorcycles, passenger cars, commercial vehicles and special machines. It operates through the following segments: Motorcycles, Automobiles and Special Machines. The Motorcycles segment produces and merchandises motorcycles and all terrain vehicles.