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

Suzuki Motor (OTCMKTS:SZKMY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $58.82, but opened at $56.50. Suzuki Motor shares last traded at $59.2950, with a volume of 8,198 shares traded.

Analyst Ratings Changes

Separately, Zacks Research raised Suzuki Motor from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Suzuki Motor Price Performance

The company has a market capitalization of $28.88 billion, a PE ratio of 10.81 and a beta of 0.43. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.22 and a current ratio of 1.60. The stock has a 50 day moving average price of $59.63 and a two-hundred day moving average price of $53.52.

Suzuki Motor (OTCMKTS:SZKMY) last issued its quarterly earnings data on Thursday, November 6th. The company reported $1.28 earnings per share for the quarter. The firm had revenue of $9.94 billion for the quarter. Suzuki Motor had a net margin of 6.71% and a return on equity of 10.44%. Equities analysts forecast that Suzuki Motor will post 5.11 earnings per share for the current 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.