Suzuki Motor (OTCMKTS:SZKMY) Sees Large Increase in Short Interest

Suzuki Motor (OTCMKTS:SZKMY) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 11,314 shares, a growth of 210.6% from the December 15th total of 3,643 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 53,706 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 53,706 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Suzuki Motor Stock Performance

OTCMKTS SZKMY opened at $59.28 on Wednesday. The company has a fifty day moving average of $59.70 and a two-hundred day moving average of $55.40. The company has a market capitalization of $29.12 billion, a PE ratio of 10.90 and a beta of 0.47. Suzuki Motor has a 1 year low of $39.54 and a 1 year 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.

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

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Suzuki Motor from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. 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.