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Suzuki Motor (OTCMKTS:SZKMY) Shares Gap Up - Still a Buy?

Suzuki Motor logo with Auto/Tires/Trucks background

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $47.91, but opened at $50.41. Suzuki Motor shares last traded at $48.71, with a volume of 2,308 shares traded.

Analysts Set New Price Targets

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

Read Our Latest Analysis on SZKMY

Suzuki Motor Stock Performance

The firm has a market capitalization of $23.91 billion, a price-to-earnings ratio of 8.60 and a beta of 0.63. The firm has a 50 day moving average price of $48.40 and a 200-day moving average price of $47.70. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.58 and a quick ratio of 1.22.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last issued its quarterly earnings results 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. 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%. As a group, sell-side analysts expect that Suzuki Motor will post 5.11 earnings per share for the current fiscal year.

Suzuki Motor Company Profile

(Get Free Report)

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.

Further Reading

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