Suzuki Motor (OTCMKTS:SZKMY) Sees Significant Increase in Short Interest

Suzuki Motor (OTCMKTS:SZKMY) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 11,314 shares, an increase of 210.6% from the December 15th total of 3,643 shares. Based on an average daily trading volume, of 53,706 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 53,706 shares, the short-interest ratio is presently 0.2 days.

Suzuki Motor Stock Up 1.4%

SZKMY opened at $60.34 on Tuesday. The stock’s 50 day moving average price is $59.67 and its 200 day moving average price is $55.33. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.60 and a quick ratio of 1.21. The stock has a market cap of $29.64 billion, a P/E ratio of 11.09 and a beta of 0.47. Suzuki Motor has a 12 month low of $39.54 and a 12 month high of $64.94.

Suzuki Motor (OTCMKTS:SZKMY) last released its quarterly earnings results on Thursday, November 6th. The company reported $1.28 earnings per share (EPS) for the quarter. The company had revenue of $9.94 billion during the quarter. Suzuki Motor had a return on equity of 10.44% and a net margin of 6.71%. As a group, research analysts predict that Suzuki Motor will post 5.11 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Suzuki Motor from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Suzuki Motor presently has an average rating of “Buy”.

About Suzuki Motor

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.