Short Interest in Suzuki Motor Co. (OTCMKTS:SZKMY) Declines By 38.2%

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

Suzuki Motor Stock Performance

Shares of SZKMY opened at $49.14 on Tuesday. Suzuki Motor has a 52-week low of $34.20 and a 52-week high of $53.83. The stock’s 50-day simple moving average is $47.83 and its 200 day simple moving average is $44.90. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.17 and a current ratio of 1.58. The stock has a market capitalization of $24.13 billion, a price-to-earnings ratio of 14.13 and a beta of 1.16.

Suzuki Motor (OTCMKTS:SZKMY) last announced its quarterly earnings results on Thursday, February 6th. The company reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.25. Research analysts forecast that Suzuki Motor will post 5.11 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.