Suzuki Motor Co. (OTCMKTS:SZKMY) Short Interest Down 91.5% in January

Suzuki Motor Co. (OTCMKTS:SZKMY) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 16,600 shares, a drop of 91.5% from the December 31st total of 196,400 shares. Based on an average daily volume of 106,700 shares, the short-interest ratio is presently 0.2 days.

Suzuki Motor Stock Performance

Shares of SZKMY traded up $0.80 during trading hours on Thursday, hitting $48.62. The stock had a trading volume of 27,158 shares, compared to its average volume of 52,054. The firm has a 50-day moving average price of $45.14 and a 200 day moving average price of $44.15. Suzuki Motor has a fifty-two week low of $34.20 and a fifty-two week high of $50.38. The firm has a market capitalization of $23.88 billion, a price-to-earnings ratio of 13.60 and a beta of 1.14. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.22 and a current ratio of 1.61.

Suzuki Motor (OTCMKTS:SZKMY) last posted its earnings results on Friday, November 8th. The company reported $1.44 earnings per share (EPS) for the quarter. The firm had revenue of $9.39 billion for the quarter. As a group, research analysts anticipate that Suzuki Motor will post 5.11 EPS for the current year.

Wall Street Analysts Forecast Growth

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.