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

Suzuki Motor Co. (OTCMKTS:SZKMY) hit a new 52-week high during trading on Thursday . The company 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.

Wall Street Analyst Weigh In

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

Suzuki Motor Stock Up 3.2 %

The company has a current ratio of 1.58, a quick ratio of 1.17 and a debt-to-equity ratio of 0.13. The firm has a market cap of $25.53 billion, a price-to-earnings ratio of 14.58 and a beta of 1.16. The firm has a 50-day moving average of $47.24 and a two-hundred day moving average of $44.61.

Suzuki Motor (OTCMKTS:SZKMY) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.03 by $0.25. As a group, sell-side analysts predict that Suzuki Motor Co. will post 5.11 earnings per share for the current fiscal 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.