Isuzu Motors (OTCMKTS:ISUZY) Stock Crosses Above 50-Day Moving Average – Here’s Why

Shares of Isuzu Motors Ltd. (OTCMKTS:ISUZY) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $14.25 and traded as high as $14.34. Isuzu Motors shares last traded at $13.7840, with a volume of 50,836 shares traded.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ISUZY. Zacks Research upgraded shares of Isuzu Motors to a “hold” rating in a report on Thursday, June 4th. UBS Group upgraded Isuzu Motors from a “neutral” rating to a “buy” rating in a report on Thursday, June 18th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Isuzu Motors Price Performance

The company has a quick ratio of 1.10, a current ratio of 1.72 and a debt-to-equity ratio of 0.39. The company has a market cap of $9.58 billion, a price-to-earnings ratio of 10.31 and a beta of 0.55. The stock’s 50-day simple moving average is $14.26 and its 200 day simple moving average is $14.50.

Isuzu Motors (OTCMKTS:ISUZY) last issued its quarterly earnings data on Monday, August 3rd. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.01). Isuzu Motors had a return on equity of 8.71% and a net margin of 4.08%.The company had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.17 billion. On average, equities research analysts anticipate that Isuzu Motors Ltd. will post 1.71 EPS for the current fiscal year.

Isuzu Motors Company Profile

Isuzu Motors Limited is a Japanese manufacturer specializing in commercial vehicles, diesel engines and related products. Its vehicle lineup includes light-duty trucks, medium- and heavy-duty trucks, buses and pickup trucks, including the D-Max pickup in selected markets.

The company also develops and manufactures diesel and alternative-powertrain engines for commercial vehicles, industrial equipment and other applications. Isuzu supplies engines and powertrains to customers and business partners in transportation, construction, agriculture and other industries.

Founded in 1916, Isuzu adopted its current corporate name in 1934, taking its name from the Isuzu River near Japan’s Ise Grand Shrine.