Suzuki Motor (OTCMKTS:SZKMY) Hits New 1-Year High – Here’s What Happened

Shares of Suzuki Motor Co. (OTCMKTS:SZKMY) hit a new 52-week high on Thursday . The stock traded as high as $53.83 and last traded at $51.98, with a volume of 24099 shares. The stock had previously closed at $50.36.

Analysts Set New Price Targets

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

Suzuki Motor Price Performance

The stock has a market cap of $24.46 billion, a price-to-earnings ratio of 14.93 and a beta of 1.16. The stock has a fifty day simple moving average of $47.39 and a 200-day simple moving average of $44.72. The company has a current ratio of 1.58, a quick ratio of 1.17 and a debt-to-equity ratio of 0.13.

Suzuki Motor (OTCMKTS:SZKMY) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.25. As a group, equities research analysts expect that Suzuki Motor Co. will post 5.11 EPS for the current 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.