Shares of Suzuki Motor Co. (OTCMKTS:SZKMF – Get Free Report) dropped 2.3% during trading on Tuesday . The company traded as low as $14.3140 and last traded at $14.6650. Approximately 16,227 shares traded hands during mid-day trading, an increase of 243% from the average daily volume of 4,736 shares. The stock had previously closed at $15.0125.
Suzuki Motor Stock Down 2.3%
The business’s 50 day moving average price is $15.16 and its two-hundred day moving average price is $14.07.
Suzuki Motor Company Profile
Suzuki Motor Corporation is a Japan-based manufacturer of automobiles, motorcycles, marine engines and power products. Headquartered in Hamamatsu, Shizuoka Prefecture, the company develops and sells a range of compact cars, sport-utility vehicles and light commercial vehicles, alongside a diverse lineup of motorcycles and all-terrain vehicles. In addition to road vehicles, Suzuki produces outboard motors for recreational and commercial marine applications, as well as generators and other small power systems.
Founded in 1909 by Michio Suzuki as Suzuki Loom Works, the company entered the motorcycle market in the early 1950s before launching its first automobile, the Suzulight, in 1955.
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