Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Down – Time to Sell?

Suzuki Motor (OTCMKTS:SZKMY)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $58.29, but opened at $56.52. Suzuki Motor shares last traded at $58.03, with a volume of 249 shares.

Analysts Set New Price Targets

Separately, Zacks Research cut shares of Suzuki Motor from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 26th. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Suzuki Motor presently has a consensus rating of “Buy”.

Suzuki Motor Price Performance

The company has a current ratio of 1.59, a quick ratio of 1.22 and a debt-to-equity ratio of 0.10. The firm has a market cap of $28.49 billion, a price-to-earnings ratio of 10.36 and a beta of 0.53. The company’s 50-day moving average is $50.77 and its 200-day moving average is $48.74.

Suzuki Motor (OTCMKTS:SZKMY) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $1.46 EPS for the quarter. The business had revenue of $9.68 billion during the quarter. Suzuki Motor had a net margin of 7.01% and a return on equity of 11.10%. Suzuki Motor has set its FY 2025 guidance at 4.600-4.600 EPS. Equities research analysts predict 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.