Suzuki Motor Co. (OTCMKTS:SZKMY) Sees Significant Drop in Short Interest

Suzuki Motor Co. (OTCMKTS:SZKMY) was the target of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 19,100 shares, a decrease of 38.2% from the January 31st total of 30,900 shares. Based on an average daily trading volume, of 194,000 shares, the days-to-cover ratio is presently 0.1 days.

Suzuki Motor Trading Down 1.1 %

SZKMY opened at $48.75 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.58 and a quick ratio of 1.17. The company’s 50 day simple moving average is $47.74 and its two-hundred day simple moving average is $44.89. The firm has a market capitalization of $23.94 billion, a price-to-earnings ratio of 14.13 and a beta of 1.16. Suzuki Motor has a 1-year low of $34.20 and a 1-year high of $53.83.

Suzuki Motor (OTCMKTS:SZKMY) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.25. Analysts expect that Suzuki Motor will post 5.11 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Macquarie raised shares of Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 8th.

Suzuki Motor Company Profile

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.