Suzuki Motor (OTCMKTS:SZKMY) Short Interest Up 68.8% in September

Key Points

• Suzuki Motor experienced a sharp increase in short interest of 68.8% in September, with a total of 18,900 shares compared to 11,200 shares at the end of August.
• The company's stock price rose to $60.89, with a 12-month range between $37.73 and $63.40, and it has a market cap of $29.91 billion.
• Analysts have mixed views on the stock, with Zacks Research downgrading it to a "strong sell," while other analysts maintain a consensus rating of "Buy."

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 18,900 shares, a growth of 68.8% from the August 31st total of 11,200 shares. Based on an average daily volume of 44,600 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 44,600 shares, the days-to-cover ratio is currently 0.4 days.

Suzuki Motor Stock Performance

Shares of OTCMKTS SZKMY traded up $1.39 during mid-day trading on Monday, hitting $60.89. The company had a trading volume of 24,724 shares, compared to its average volume of 55,710. Suzuki Motor has a 12 month low of $37.73 and a 12 month high of $63.40. The firm has a market cap of $29.91 billion, a P/E ratio of 10.87 and a beta of 0.57. The business's 50-day simple moving average is $53.26 and its 200-day simple moving average is $49.37. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.59 and a quick ratio of 1.22.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $1.46 EPS for the quarter. Suzuki Motor had a return on equity of 11.10% and a net margin of 7.01%.The firm had revenue of $9.68 billion during the quarter. Suzuki Motor has set its FY 2025 guidance at 4.600-4.600 EPS. As a group, analysts predict that Suzuki Motor will post 5.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Zacks Research lowered shares of Suzuki Motor from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 26th. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Suzuki Motor currently has an average rating of "Buy".

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.

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