Suzuki Motor (OTCMKTS:SZKMY) Sets New 52-Week High – Time to Buy?

Suzuki Motor Co. (OTCMKTS:SZKMY)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $50.33 and last traded at $47.82, with a volume of 71858 shares changing hands. The stock had previously closed at $48.03.

Wall Street Analyst Weigh In

Separately, Macquarie raised shares of Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th.

Suzuki Motor Trading Down 0.4 %

The company has a current ratio of 1.61, a quick ratio of 1.22 and a debt-to-equity ratio of 0.16. The company has a market cap of $23.49 billion, a price-to-earnings ratio of 13.60 and a beta of 1.14. The firm has a 50-day moving average price of $45.04 and a 200 day moving average price of $44.12.

Suzuki Motor (OTCMKTS:SZKMY) last released its earnings results on Friday, November 8th. The company reported $1.44 earnings per share for the quarter. The business had revenue of $9.39 billion for the quarter. As a group, sell-side analysts forecast that Suzuki Motor Co. will post 5.11 EPS for the current year.

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.