Isuzu Motors (OTCMKTS:ISUZY) Shares Gap Up After Better-Than-Expected Earnings

Isuzu Motors Ltd. (OTCMKTS:ISUZYGet Free Report) shares gapped up prior to trading on Thursday following a better than expected earnings announcement. The stock had previously closed at $13.36, but opened at $14.48. Isuzu Motors shares last traded at $14.4880, with a volume of 13,728 shares trading hands.

The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.01. The company had revenue of $5.54 billion during the quarter, compared to analysts’ expectations of $5.57 billion. Isuzu Motors had a net margin of 3.99% and a return on equity of 8.16%.

Isuzu Motors Trading Up 4.8%

The stock has a 50 day moving average price of $12.83 and a 200-day moving average price of $12.99. The stock has a market capitalization of $10.76 billion, a PE ratio of 12.56 and a beta of 0.60. The company has a current ratio of 1.60, a quick ratio of 0.98 and a debt-to-equity ratio of 0.30.

Isuzu Motors Company Profile

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Isuzu Motors Limited manufactures and sells commercial vehicles, light commercial vehicles, and diesel engines and components worldwide. Its products include heavy and medium duty trucks and buses, and light-duty trucks; passenger pickup vehicles, pickup trucks, and SUVs; and marine and industrial engines.

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