Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Down – What’s Next?

Suzuki Motor (OTCMKTS:SZKMY) gapped down before the market opened on Monday . The stock had previously closed at $60.02, but opened at $55.63. Suzuki Motor shares last traded at $57.9750, with a volume of 1,594 shares traded.

Analysts Set New Price Targets

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

Suzuki Motor Stock Performance

The stock has a fifty day simple moving average of $58.79 and a 200-day simple moving average of $56.85. The company has a market capitalization of $28.87 billion, a P/E ratio of 10.33 and a beta of 0.46. The company has a quick ratio of 1.21, a current ratio of 1.60 and a debt-to-equity ratio of 0.11.

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