Suzuki Motor (OTCMKTS:SZKMY) Sees Large Volume Increase - Time to Buy?

Shares of Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 291,259 shares traded hands during mid-day trading, an increase of 414% from the previous session's volume of 56,669 shares.The stock last traded at $44.56 and had previously closed at $43.90.

Analyst Ratings Changes

Separately, Sanford C. Bernstein raised Suzuki Motor to a "strong-buy" rating in a report on Monday, April 14th.

Suzuki Motor Price Performance

The company has a market capitalization of $22.04 billion, a price-to-earnings ratio of 7.93 and a beta of 0.60. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.22 and a current ratio of 1.58. The business has a 50 day moving average price of $47.31 and a 200-day moving average price of $47.74.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The company reported $1.42 earnings per share for the quarter, topping analysts' consensus estimates of $1.24 by $0.18. The business had revenue of $10.11 billion for the quarter, compared to the consensus estimate of $1,489.49 billion. Suzuki Motor had a return on equity of 11.50% and a net margin of 7.14%. Research analysts predict that Suzuki Motor will post 5.11 EPS 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.