Isuzu Motors (OTCMKTS:ISUZY) Shares Cross Above 50-Day Moving Average - Here's Why

Key Points

• Isuzu Motors' stock has recently crossed above its 50-day moving average of $12.88, currently trading at $13.23.
• The company reported earnings per share (EPS) of $0.23, falling short of the consensus estimate of $0.27, alongside revenue of $5.76 billion which also missed expectations.
• With a market capitalization of $9.44 billion, Isuzu Motors maintains a solid financial position, illustrated by a debt-to-equity ratio of 0.25 and a P/E ratio of 11.03.

Isuzu Motors Ltd. (OTCMKTS:ISUZY - Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $12.88 and traded as high as $13.25. Isuzu Motors shares last traded at $13.23, with a volume of 55,997 shares traded.

Isuzu Motors Price Performance

The firm has a market cap of $9.30 billion, a price-to-earnings ratio of 10.86 and a beta of 0.75. The company's fifty day moving average is $12.86 and its 200 day moving average is $13.04. The company has a quick ratio of 1.05, a current ratio of 1.66 and a debt-to-equity ratio of 0.25.

Isuzu Motors (OTCMKTS:ISUZY - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.04). The company had revenue of $5.76 billion for the quarter, compared to the consensus estimate of $5.95 billion. Isuzu Motors had a return on equity of 8.15% and a net margin of 3.99%.

About Isuzu Motors

Isuzu Motors Limited manufactures and sells commercial vehicles, light commercial vehicles, and diesel engines and components worldwide. Its products include heavy and medium duty trucks and buses, and light-duty trucks; passenger pickup vehicles, pickup trucks, and SUVs; and marine and industrial engines.