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

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report)'s share price gapped down prior to trading on Friday . The stock had previously closed at $45.35, but opened at $43.56. Suzuki Motor shares last traded at $46.01, with a volume of 1,185 shares trading hands.

Analyst Ratings Changes

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

Suzuki Motor Trading Up 0.6%

The business has a 50-day moving average of $48.16 and a 200-day moving average of $47.79. 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 stock has a market cap of $22.34 billion, a price-to-earnings ratio of 8.04 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, topping analysts' consensus estimates of $1.24 by $0.18. Suzuki Motor had a return on equity of 11.50% and a net margin of 7.14%. 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 forecast that Suzuki Motor will post 5.11 earnings per share for the current 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.