Suzuki Motor (OTCMKTS:SZKMF) Trading Down 1.9% – Here’s What Happened

Shares of Suzuki Motor Co. (OTCMKTS:SZKMF) dropped 1.9% on Friday . The stock traded as low as $14.60 and last traded at $14.75. Approximately 5,237 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 11,338 shares. The stock had previously closed at $15.0350.

Suzuki Motor Trading Down 1.9%

The company has a 50 day moving average price of $15.11 and a 200 day moving average price of $13.66.

Suzuki Motor Company Profile

Suzuki Motor Corporation is a Japan-based manufacturer of automobiles, motorcycles, marine engines and power products. Headquartered in Hamamatsu, Shizuoka Prefecture, the company develops and sells a range of compact cars, sport-utility vehicles and light commercial vehicles, alongside a diverse lineup of motorcycles and all-terrain vehicles. In addition to road vehicles, Suzuki produces outboard motors for recreational and commercial marine applications, as well as generators and other small power systems.

Founded in 1909 by Michio Suzuki as Suzuki Loom Works, the company entered the motorcycle market in the early 1950s before launching its first automobile, the Suzulight, in 1955.