Short Interest in Suzuki Motor (OTCMKTS:SZKMY) Drops By 35.2%

Suzuki Motor (OTCMKTS:SZKMY) was the recipient of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 11,700 shares, a decline of 35.2% from the January 15th total of 18,053 shares. Based on an average daily volume of 97,034 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 97,034 shares, the days-to-cover ratio is presently 0.1 days.

Suzuki Motor Price Performance

OTCMKTS:SZKMY traded up $1.08 during trading hours on Friday, hitting $62.60. The company’s stock had a trading volume of 4,231 shares, compared to its average volume of 40,795. Suzuki Motor has a twelve month low of $39.54 and a twelve month high of $64.94. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.60 and a quick ratio of 1.21. The stock has a fifty day simple moving average of $58.76 and a 200-day simple moving average of $57.13. The company has a market capitalization of $30.74 billion, a P/E ratio of 11.00 and a beta of 0.46.

Suzuki Motor (OTCMKTS:SZKMY) last released its quarterly earnings data on Thursday, February 5th. The company reported $1.53 earnings per share (EPS) for the quarter. Suzuki Motor had a net margin of 6.78% and a return on equity of 10.81%. The business had revenue of $10.73 billion during the quarter. Suzuki Motor has set its FY 2025 guidance at 5.249-5.249 EPS. On average, analysts anticipate that Suzuki Motor will post 5.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Dbs Bank upgraded shares of Suzuki Motor to a “moderate buy” rating in a report on Friday, February 6th. Zacks Research upgraded shares of Suzuki Motor from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy”.

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.