Suzuki Motor (OTCMKTS:SZKMY) Sets New 52-Week High – Here’s Why

Suzuki Motor Co. (OTCMKTS:SZKMY) shares reached a new 52-week high on Tuesday . The stock traded as high as $51.05 and last traded at $49.89, with a volume of 195118 shares traded. The stock had previously closed at $49.28.

Analysts Set New Price Targets

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

Suzuki Motor Stock Up 1.2 %

The firm’s 50 day moving average is $45.48 and its 200 day moving average is $44.14. The company has a current ratio of 1.61, a quick ratio of 1.22 and a debt-to-equity ratio of 0.16.

Suzuki Motor (OTCMKTS:SZKMY) last released its earnings results on Friday, November 8th. The company reported $1.44 EPS for the quarter. The business had revenue of $9.39 billion for the quarter. Equities analysts predict that Suzuki Motor Co. will post 5.11 earnings per share for the current fiscal 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.