Suzuki Motor (OTCMKTS:SZKMY) Sets New 52-Week High – Here’s Why

Suzuki Motor Co. (OTCMKTS:SZKMY)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $51.05 and last traded at $49.89, with a volume of 195118 shares changing hands. The stock had previously closed at $49.28.

Wall Street Analyst Weigh In

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 Price Performance

The company has a quick ratio of 1.22, a current ratio of 1.61 and a debt-to-equity ratio of 0.16. The firm’s 50 day moving average is $45.48 and its 200-day moving average is $44.14.

Suzuki Motor (OTCMKTS:SZKMY) last released its quarterly earnings data on Friday, November 8th. The company reported $1.44 earnings per share (EPS) for the quarter. The business had revenue of $9.39 billion during the quarter. Equities analysts forecast that Suzuki Motor Co. 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.