Suzuki Motor (OTCMKTS:SZKMY) Hits New 1-Year High – Still a Buy?

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

Analysts Set New Price Targets

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

Suzuki Motor Stock Up 3.2 %

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 firm has a fifty day simple moving average of $47.24 and a 200-day simple moving average of $44.61. The company has a market capitalization of $25.53 billion, a PE ratio of 14.58 and a beta of 1.16.

Suzuki Motor (OTCMKTS:SZKMY) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.25. Equities research analysts anticipate that Suzuki Motor Co. 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.