Isuzu Motors (OTCMKTS:ISUZY) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Isuzu Motors Ltd. (OTCMKTS:ISUZYGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.35 and traded as low as $13.77. Isuzu Motors shares last traded at $14.27, with a volume of 46,913 shares.

Wall Street Analyst Weigh In

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

Get Our Latest Stock Report on Isuzu Motors

Isuzu Motors Stock Down 2.2%

The stock has a market cap of $9.61 billion, a P/E ratio of 10.34 and a beta of 0.55. The company has a current ratio of 1.72, a quick ratio of 1.03 and a debt-to-equity ratio of 0.39. The firm’s fifty day moving average is $14.22 and its 200 day moving average is $14.35.

Isuzu Motors (OTCMKTS:ISUZYGet Free Report) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). The firm had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.17 billion. Isuzu Motors had a net margin of 4.08% and a return on equity of 8.71%. As a group, equities research analysts forecast that Isuzu Motors Ltd. will post 1.71 EPS for the current year.

About Isuzu Motors

(Get Free Report)

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.

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