Suzuki Motor (OTCMKTS:SZKMY) Shares Cross Below 50 Day Moving Average – Should You Sell?

Suzuki Motor (OTCMKTS:SZKMY) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $49.39 and traded as low as $43.0401. Suzuki Motor shares last traded at $44.60, with a volume of 34,403 shares.

Wall Street Analyst Weigh In

SZKMY has been the subject of a number of research analyst reports. Dbs Bank raised shares of Suzuki Motor to a “moderate buy” rating in a research note on Friday, February 6th. Zacks Research raised shares of Suzuki Motor from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

Suzuki Motor Stock Performance

The company has a debt-to-equity ratio of 0.11, a current ratio of 1.66 and a quick ratio of 1.23. The firm has a market capitalization of $21.51 billion, a P/E ratio of 7.84 and a beta of 0.50. The stock’s 50 day moving average is $49.39 and its two-hundred day moving average is $55.85.

Suzuki Motor (OTCMKTS:SZKMY) last released its earnings results on Thursday, February 5th. The company reported $1.53 EPS for the quarter. The firm had revenue of $10.73 billion during the quarter. Suzuki Motor had a net margin of 6.78% and a return on equity of 10.69%. Suzuki Motor has set its FY 2025 guidance at 5.249-5.249 EPS. As a group, equities analysts anticipate that Suzuki Motor will post 5.35 earnings per share for the current fiscal year.

About Suzuki Motor

Suzuki Motor Corporation traces its roots to 1909 when Michio Suzuki founded Suzuki Loom Works; the company later entered motor vehicle production and was reorganized as an independent motor company in the mid-20th century. Headquartered in Hamamatsu, Japan, Suzuki has grown into a multinational manufacturer known for producing compact, fuel-efficient vehicles and a broad range of two- and four-wheeled products. The company has a long history in small-car and motorcycle design and has adapted its product portfolio over decades to serve both personal and light commercial transport markets.

Suzuki’s primary business activities include the design, manufacture and sale of automobiles, motorcycles, all-terrain vehicles (ATVs), and outboard motors, along with related parts and accessories.