Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Up – Here’s What Happened

Suzuki Motor (OTCMKTS:SZKMY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $59.36, but opened at $62.9499. Suzuki Motor shares last traded at $60.52, with a volume of 4,217 shares traded.

Wall Street Analysts Forecast Growth

Separately, Dbs Bank upgraded shares of Suzuki Motor to a “moderate buy” rating in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Suzuki Motor Stock Up 1.5%

The company has a market capitalization of $29.59 billion, a P/E ratio of 10.59 and a beta of 0.46. The company has a current ratio of 1.66, a quick ratio of 1.23 and a debt-to-equity ratio of 0.11. The stock’s fifty day moving average is $58.95 and its 200 day moving average is $58.26.

Suzuki Motor (OTCMKTS:SZKMY) last released its quarterly earnings results on Thursday, February 5th. The company reported $1.53 EPS for the quarter. Suzuki Motor had a return on equity of 10.69% and a net margin of 6.78%.The business had revenue of $10.73 billion during the quarter. Suzuki Motor has set its FY 2025 guidance at 5.249-5.249 EPS. Research analysts predict that Suzuki Motor will post 5.11 EPS for the current fiscal year.

Suzuki Motor Company Profile

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.