Suzuki Motor Co. (OTCMKTS:SZKMY) Short Interest Update

Suzuki Motor Co. (OTCMKTS:SZKMY) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 5,500 shares, a decline of 67.1% from the March 15th total of 16,700 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 41,600 shares, the days-to-cover ratio is presently 0.1 days.

Suzuki Motor Stock Up 0.4 %

Shares of SZKMY traded up $0.17 during midday trading on Wednesday, hitting $46.31. The company had a trading volume of 35,148 shares, compared to its average volume of 67,184. The company has a quick ratio of 1.17, a current ratio of 1.58 and a debt-to-equity ratio of 0.13. Suzuki Motor has a 52 week low of $37.73 and a 52 week high of $53.83. The company’s 50 day moving average price is $48.14 and its 200 day moving average price is $45.40. The stock has a market cap of $22.75 billion, a price-to-earnings ratio of 14.10 and a beta of 0.84.

Suzuki Motor (OTCMKTS:SZKMY) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.25. On average, equities research analysts predict that Suzuki Motor will post 5.11 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein upgraded Suzuki Motor to a “strong-buy” rating in a research note on Monday.

About Suzuki Motor

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.