Suzuki Motor (OTCMKTS:SZKMY) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Suzuki Motor Co. (OTCMKTS:SZKMYGet Free Report)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $49.36 and traded as low as $47.88. Suzuki Motor shares last traded at $48.79, with a volume of 18,272 shares.

Suzuki Motor Price Performance

The stock has a market cap of $22.05 billion, a PE ratio of 14.10 and a beta of 0.84. 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 business has a 50 day moving average price of $49.28 and a two-hundred day moving average price of $45.53.

Suzuki Motor (OTCMKTS:SZKMYGet Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.25. Research analysts expect that Suzuki Motor Co. will post 5.11 earnings per share for the current fiscal year.

About Suzuki Motor

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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.

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