Suzuki Motor (OTCMKTS:SZKMY) Sees Strong Trading Volume – Time to Buy?

Suzuki Motor (OTCMKTS:SZKMY) saw unusually-high trading volume on Wednesday . Approximately 35,507 shares traded hands during trading, a decline of 15% from the previous session’s volume of 41,909 shares.The stock last traded at $60.8150 and had previously closed at $60.83.

Wall Street Analysts Forecast Growth

Separately, Dbs Bank upgraded Suzuki Motor to a “moderate buy” rating in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Suzuki Motor currently has an average rating of “Buy”.

Suzuki Motor Trading Up 0.1%

The company has a 50 day moving average of $58.93 and a two-hundred day moving average of $57.68. The stock has a market capitalization of $29.92 billion, a PE ratio of 10.71 and a beta of 0.46. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.21 and a current ratio of 1.60.

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

Suzuki Motor Company Profile

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.