Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Down – Should You Sell?

Suzuki Motor (OTCMKTS:SZKMY) gapped down before the market opened on Wednesday . The stock had previously closed at $61.98, but opened at $59.04. Suzuki Motor shares last traded at $60.45, with a volume of 4,957 shares.

Analyst Ratings Changes

Separately, Zacks Research raised Suzuki Motor from a “strong sell” rating to a “hold” rating in a 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 stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Suzuki Motor Trading Down 2.3%

The business’s 50 day moving average price is $59.50 and its two-hundred day moving average price is $53.02. The company has a market capitalization of $29.75 billion, a price-to-earnings ratio of 11.13 and a beta of 0.43. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.22 and a current ratio of 1.59.

Suzuki Motor (OTCMKTS:SZKMY) last posted its quarterly earnings data on Thursday, November 6th. The company reported $1.28 EPS for the quarter. The business had revenue of $9.94 billion for the quarter. Suzuki Motor had a net margin of 6.71% and a return on equity of 10.58%. Equities analysts forecast that Suzuki Motor will post 5.11 earnings per share for the current fiscal year.

About Suzuki Motor

Suzuki Motor Corporation engages in the manufacturing and marketing of automobiles, motorcycles, and marine products in Japan, rest of Asia, Europe, North America, and internationally. It offers mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, motorized wheelchairs, and electro senior vehicles.