Suzuki Motor Co. (OTCMKTS:SZKMY) Short Interest Down 91.5% in January

Suzuki Motor Co. (OTCMKTS:SZKMY) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 16,600 shares, a decline of 91.5% from the December 31st total of 196,400 shares. Based on an average daily trading volume, of 106,700 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

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

Suzuki Motor Stock Up 0.2 %

Shares of OTCMKTS SZKMY traded up $0.09 during mid-day trading on Tuesday, reaching $48.03. 24,838 shares of the company traded hands, compared to its average volume of 52,483. Suzuki Motor has a fifty-two week low of $34.20 and a fifty-two week high of $50.32. The stock has a market cap of $23.59 billion, a PE ratio of 13.60 and a beta of 1.14. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.22 and a current ratio of 1.61. The company’s fifty day moving average is $44.92 and its two-hundred day moving average is $44.12.

Suzuki Motor (OTCMKTS:SZKMY) last released its quarterly earnings results on Friday, November 8th. The company reported $1.44 earnings per share (EPS) for the quarter. The firm had revenue of $9.39 billion for the quarter. On average, analysts expect that Suzuki Motor will post 5.11 earnings per share 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.