Suzuki Motor (OTCMKTS:SZKMY) updated its FY 2021 earnings guidance on Thursday. The company provided earnings per share guidance of $2.810-$2.810 for the period. The company issued revenue guidance of $29.09 billion-$29.09 billion.
Separately, Zacks Investment Research downgraded shares of Suzuki Motor from a hold rating to a sell rating in a research note on Thursday, October 14th.
Shares of OTCMKTS SZKMY traded down $2.88 during midday trading on Thursday, reaching $181.57. The company’s stock had a trading volume of 2,137 shares, compared to its average volume of 7,542. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.32 and a current ratio of 1.56. Suzuki Motor has a fifty-two week low of $146.10 and a fifty-two week high of $225.38. The business’s 50 day moving average price is $182.24 and its two-hundred day moving average price is $174.10. The company has a market cap of $22.29 billion, a P/E ratio of 12.28 and a beta of 1.21.
Suzuki Motor Corp. engages in the research, development, design, manufacture, sale, and distribution of motorcycles, passenger cars, commercial vehicles and special machines. It operates through the following segments: Motorcycles, Automobiles and Special Machines. The Motorcycles segment produces and merchandises motorcycles and all terrain vehicles.
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