Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Down - Here's What Happened

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $49.13, but opened at $47.86. Suzuki Motor shares last traded at $48.18, with a volume of 11,003 shares trading hands.

Analyst Ratings Changes

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

Suzuki Motor Price Performance

The business has a 50-day moving average price of $48.49 and a two-hundred day moving average price of $47.74. 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 $22.78 billion, a price-to-earnings ratio of 8.19 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 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.18. Suzuki Motor had a net margin of 7.14% and a return on equity of 11.50%. The firm had revenue of $10.11 billion for the quarter, compared to the consensus estimate of $1,489.49 billion. As a group, research analysts anticipate 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.