Suzuki Motor Co. (OTCMKTS:SZKMY) Short Interest Down 38.2% in February

Suzuki Motor Co. (OTCMKTS:SZKMY) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 19,100 shares, a drop of 38.2% from the January 31st total of 30,900 shares. Based on an average trading volume of 194,000 shares, the days-to-cover ratio is currently 0.1 days.

Suzuki Motor Price Performance

Shares of OTCMKTS:SZKMY opened at $49.14 on Tuesday. The company’s fifty day moving average price is $47.83 and its 200-day moving average price is $44.90. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.58 and a quick ratio of 1.17. The firm has a market capitalization of $24.13 billion, a price-to-earnings ratio of 14.13 and a beta of 1.16. Suzuki Motor has a one year low of $34.20 and a one year high of $53.83.

Suzuki Motor (OTCMKTS:SZKMY) last released its earnings results on Thursday, February 6th. The company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.25. On average, equities research analysts anticipate that Suzuki Motor will post 5.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Macquarie upgraded shares of Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th.

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.