Suzuki Motor (OTCMKTS:SZKMY) Short Interest Update

Suzuki Motor (OTCMKTS:SZKMY) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 18,053 shares, an increase of 59.6% from the December 31st total of 11,314 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 57,898 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 57,898 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Analysts Set New Price Targets

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

Suzuki Motor Price Performance

SZKMY opened at $54.89 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.21 and a debt-to-equity ratio of 0.11. The company has a market cap of $26.96 billion, a price-to-earnings ratio of 10.09 and a beta of 0.47. The stock has a fifty day simple moving average of $59.39 and a two-hundred day simple moving average of $56.27. Suzuki Motor has a 12-month low of $39.54 and a 12-month high of $64.94.

Suzuki Motor (OTCMKTS:SZKMY) last released its earnings results on Thursday, November 6th. The company reported $1.28 earnings per share for the quarter. The firm had revenue of $9.94 billion for the quarter. Suzuki Motor had a net margin of 6.71% and a return on equity of 10.44%. Research analysts predict that Suzuki Motor will post 5.11 earnings per share for the current fiscal year.

About Suzuki Motor

Suzuki Motor Corporation traces its roots to 1909 when Michio Suzuki founded Suzuki Loom Works; the company later entered motor vehicle production and was reorganized as an independent motor company in the mid-20th century. Headquartered in Hamamatsu, Japan, Suzuki has grown into a multinational manufacturer known for producing compact, fuel-efficient vehicles and a broad range of two- and four-wheeled products. The company has a long history in small-car and motorcycle design and has adapted its product portfolio over decades to serve both personal and light commercial transport markets.

Suzuki’s primary business activities include the design, manufacture and sale of automobiles, motorcycles, all-terrain vehicles (ATVs), and outboard motors, along with related parts and accessories.