Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Down - Time to Sell?

Key Points

• Suzuki Motor shares gapped down from $49.02 to $47.11 before the market opened on Monday, with the last trade at $49.11.
• Analysts at Sanford C. Bernstein upgraded Suzuki Motor to a "strong-buy" rating on April 14th.
• The company reported a revenue of $9.68 billion for the last quarter, with an earnings per share of $1.46 and a return on equity of 11.31%.

Shares of Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $49.02, but opened at $47.11. Suzuki Motor shares last traded at $49.11, with a volume of 109 shares.

Suzuki Motor Price Performance

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 company has a market cap of $23.93 billion, a P/E ratio of 8.70 and a beta of 0.61. The firm has a 50 day moving average price of $46.47 and a two-hundred day moving average price of $47.80.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $1.46 earnings per share for the quarter. The company had revenue of $9.68 billion during the quarter. Suzuki Motor had a return on equity of 11.31% and a net margin of 7.01%. On average, 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.