Suzuki Motor (OTCMKTS:SZKMY) Sees Unusually-High Trading Volume - Here's Why

Shares of Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 333,105 shares traded hands during trading, an increase of 527% from the previous session's volume of 53,096 shares.The stock last traded at $44.95 and had previously closed at $45.49.

Analysts Set New Price Targets

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

Suzuki Motor Trading Down 2.4%

The stock has a market cap of $21.40 billion, a P/E ratio of 7.70 and a beta of 0.60. The company has a current ratio of 1.58, a quick ratio of 1.22 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of $47.78 and a two-hundred day moving average price of $47.75.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.24 by $0.18. The company 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%. On average, research analysts expect that Suzuki Motor will post 5.11 EPS for the current fiscal 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.