Suzuki Motor Co. (OTCMKTS:SZKMY) Short Interest Down 67.1% in March

Suzuki Motor Co. (OTCMKTS:SZKMY) was the target of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 5,500 shares, a drop of 67.1% from the March 15th total of 16,700 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 41,600 shares, the days-to-cover ratio is presently 0.1 days.

Suzuki Motor Stock Up 0.4 %

Shares of Suzuki Motor stock traded up $0.16 during trading on Tuesday, reaching $44.30. The company’s stock had a trading volume of 120,885 shares, compared to its average volume of 67,171. The company has a 50-day simple moving average of $48.25 and a two-hundred day simple moving average of $45.39. The company has a quick ratio of 1.17, a current ratio of 1.58 and a debt-to-equity ratio of 0.13. Suzuki Motor has a 1-year low of $37.73 and a 1-year high of $53.83. The company has a market cap of $21.76 billion, a price-to-earnings ratio of 14.10 and a beta of 0.84.

Suzuki Motor (OTCMKTS:SZKMY) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.03 by $0.25. As a group, equities analysts forecast that Suzuki Motor will post 5.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded Suzuki Motor to a “strong-buy” rating in a research note on Monday.

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.