Suzuki Motor (OTCMKTS:SZKMY) Stock Price Down 1.8% - Should You Sell?

Key Points

• Suzuki Motor's stock price declined by 1.8%, trading at approximately $49.31, significantly lower than its previous close of $50.22.
• The company reported **$1.46 earnings per share** for the latest quarter, with a **revenue of $9.68 billion** and a return on equity of 11.31%.
• Suzuki Motor has a **market cap of $24.22 billion** and a P/E ratio of 8.81, indicating potential value compared to its earnings.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) shares dropped 1.8% during mid-day trading on Wednesday . The company traded as low as $48.60 and last traded at $49.31. Approximately 43,529 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 59,131 shares. The stock had previously closed at $50.22.

Suzuki Motor Stock Performance

The business has a fifty day simple moving average of $46.42 and a 200-day simple 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 firm has a market cap of $24.22 billion, a P/E ratio of 8.81 and a beta of 0.61.

Suzuki Motor (OTCMKTS:SZKMY - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $1.46 earnings per share for the quarter. Suzuki Motor had a return on equity of 11.31% and a net margin of 7.01%. The firm had revenue of $9.68 billion during the quarter. On average, sell-side analysts predict that Suzuki Motor will post 5.11 EPS for the current fiscal 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.

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