Isuzu Motors Ltd. (OTCMKTS:ISUZY) Short Interest Down 98.7% in August

Key Points

• Isuzu Motors’ short interest plunged 98.7% in August, falling from 27,594 shares to 360 shares, representing effectively 0.0% of shares outstanding and a days-to-cover ratio of 0.0.
• Analyst sentiment remains mixed, with ratings split among Buy, Hold, and Sell; MarketBeat’s consensus rating is “Hold.”
• The stock rose 0.2% to $13.91, while the company’s latest results showed revenue of $5.32 billion—above estimates—but earnings per share of $0.46, slightly below the $0.47 consensus.

Isuzu Motors Ltd. (OTCMKTS:ISUZY - Get Free Report) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 360 shares, a decrease of 98.7% from the August 15th total of 27,594 shares. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 129,335 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on ISUZY shares. Zacks Research raised shares of Isuzu Motors to a "hold" rating in a research report on Thursday, June 4th. UBS Group upgraded shares of Isuzu Motors from a "neutral" rating to a "buy" rating in a report on Thursday, June 18th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold".

Isuzu Motors Stock Up 0.2%

OTCMKTS ISUZY traded up $0.02 during trading hours on Thursday, reaching $13.91. 98,261 shares of the company's stock traded hands, compared to its average volume of 61,310. Isuzu Motors has a 52-week low of $12.05 and a 52-week high of $18.94. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.72 and a quick ratio of 1.10. The firm has a 50-day simple moving average of $14.26 and a 200 day simple moving average of $14.50. The firm has a market cap of $9.58 billion, a PE ratio of 10.31 and a beta of 0.55.

Isuzu Motors (OTCMKTS:ISUZY - Get Free Report) last announced its earnings results on Monday, August 3rd. The company reported $0.46 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by ($0.01). Isuzu Motors had a net margin of 4.08% and a return on equity of 8.71%. The business had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.17 billion. Sell-side analysts anticipate that Isuzu Motors will post 1.71 EPS for the current fiscal year.

About Isuzu Motors

Isuzu Motors Limited is a Japanese manufacturer specializing in commercial vehicles, diesel engines and related products. Its vehicle lineup includes light-duty trucks, medium- and heavy-duty trucks, buses and pickup trucks, including the D-Max pickup in selected markets.

The company also develops and manufactures diesel and alternative-powertrain engines for commercial vehicles, industrial equipment and other applications. Isuzu supplies engines and powertrains to customers and business partners in transportation, construction, agriculture and other industries.

Founded in 1916, Isuzu adopted its current corporate name in 1934, taking its name from the Isuzu River near Japan's Ise Grand Shrine.

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