Suzuki Motor (OTCMKTS:SZKMY) Sees Large Drop in Short Interest

Suzuki Motor (OTCMKTS:SZKMY) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 11,700 shares, a decrease of 35.2% from the January 15th total of 18,053 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 97,034 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 97,034 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Suzuki Motor Stock Performance

Suzuki Motor stock opened at $62.95 on Friday. The firm has a market capitalization of $30.92 billion, a P/E ratio of 11.06 and a beta of 0.46. The stock has a fifty day moving average price of $58.83 and a two-hundred day moving average price of $57.26. Suzuki Motor has a 52-week low of $39.54 and a 52-week high of $64.94. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.60 and a quick ratio of 1.21.

Suzuki Motor (OTCMKTS:SZKMY) last posted its earnings results on Thursday, February 5th. The company reported $1.53 earnings per share for the quarter. The business had revenue of $10.73 billion for the quarter. Suzuki Motor had a net margin of 6.78% and a return on equity of 10.81%. Suzuki Motor has set its FY 2025 guidance at 5.249-5.249 EPS. As a group, analysts anticipate that Suzuki Motor will post 5.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on SZKMY. Zacks Research raised shares of Suzuki Motor from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. Dbs Bank raised shares of Suzuki Motor to a “moderate buy” rating in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Suzuki Motor currently has a consensus 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.