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

Shares of Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) saw an uptick in trading volume on Tuesday . 333,105 shares were traded during mid-day 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 upgraded shares of Suzuki Motor to a "strong-buy" rating in a report on Monday, April 14th.

Suzuki Motor Price Performance

The business's 50-day moving average price is $47.88 and its 200 day moving average price is $47.75. The company has a quick ratio of 1.22, a current ratio of 1.58 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $21.92 billion, a P/E ratio of 7.88 and a beta of 0.60.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The company reported $1.42 EPS for the quarter, beating analysts' consensus estimates of $1.24 by $0.18. Suzuki Motor had a net margin of 7.14% and a return on equity of 11.50%. The company had revenue of $10.11 billion during the quarter, compared to analyst estimates of $1,489.49 billion. Analysts anticipate 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.