Isuzu Motors Ltd. (OTCMKTS:ISUZY) Sees Significant Increase in Short Interest

Isuzu Motors Ltd. (OTCMKTS:ISUZY) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 7,315 shares, an increase of 1,931.9% from the August 31st total of 360 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 115,802 shares, the short-interest ratio is presently 0.1 days.

Isuzu Motors Price Performance

ISUZY stock opened at $13.83 on Friday. Isuzu Motors has a 52 week low of $12.05 and a 52 week high of $18.94. The company has a current ratio of 1.72, a quick ratio of 1.03 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $9.53 billion, a price-to-earnings ratio of 10.24 and a beta of 0.55. The firm’s 50-day moving average is $14.20 and its two-hundred day moving average is $14.24.

Isuzu Motors (OTCMKTS:ISUZY) last announced its earnings results on Monday, August 3rd. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). Isuzu Motors had a return on equity of 8.71% and a net margin of 4.08%.The company had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.17 billion. On average, analysts forecast that Isuzu Motors will post 1.71 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. UBS Group upgraded Isuzu Motors from a “neutral” rating to a “buy” rating in a research note on Thursday, June 18th. Zacks Research raised shares of Isuzu Motors to a “hold” rating in a research report on Thursday, June 4th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold”.

About Isuzu Motors

Isuzu Motors Limited is a Japanese manufacturer specializing in commercial vehicles, diesel engines and related products. Its vehicle lineup includes light-duty trucks, medium- and heavy-duty trucks, buses and pickup trucks, including the D-Max pickup in selected markets.

The company also develops and manufactures diesel and alternative-powertrain engines for commercial vehicles, industrial equipment and other applications. Isuzu supplies engines and powertrains to customers and business partners in transportation, construction, agriculture and other industries.

Founded in 1916, Isuzu adopted its current corporate name in 1934, taking its name from the Isuzu River near Japan’s Ise Grand Shrine.