Suzuki Motor (OTCMKTS:SZKMY) Short Interest Up 38.3% in August

Key Points

• Short interest in Suzuki Motor rose significantly by 38.3% in August, increasing from 8,100 shares to 11,200 shares as of August 31st.
• Suzuki Motor's stock is currently trading at $56.54, with a market capitalization of $27.77 billion and a price-to-earnings ratio of 10.10.
• Zacks Research downgraded Suzuki Motor from a "hold" rating to a "strong sell" rating, while two analysts maintain a "Strong Buy" rating on the stock.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 11,200 shares, a growth of 38.3% from the August 15th total of 8,100 shares. Based on an average trading volume of 97,200 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 97,200 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Zacks Research cut shares of Suzuki Motor from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 26th. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy".

Suzuki Motor Price Performance

SZKMY traded down $0.17 during midday trading on Friday, reaching $57.72. 590,438 shares of the company's stock were exchanged, compared to its average volume of 27,695. The company has a quick ratio of 1.22, a current ratio of 1.59 and a debt-to-equity ratio of 0.10. The business has a 50-day simple moving average of $50.51 and a two-hundred day simple moving average of $48.65. The firm has a market capitalization of $28.35 billion, a price-to-earnings ratio of 10.31 and a beta of 0.53. Suzuki Motor has a one year low of $37.73 and a one year high of $59.60.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $1.46 earnings per share for the quarter. The company had revenue of $9.68 billion for the quarter. Suzuki Motor had a return on equity of 11.10% and a net margin of 7.01%. Suzuki Motor has set its FY 2025 guidance at 4.600-4.600 EPS. As a group, research analysts predict that Suzuki Motor will post 5.11 EPS for the current year.

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.