Honda Motor Co., Ltd. (NYSE:HMC – Get Rating)’s share price hit a new 52-week low on Wednesday . The company traded as low as $24.37 and last traded at $24.44, with a volume of 20171 shares changing hands. The stock had previously closed at $24.95.
HMC has been the subject of a number of analyst reports. StockNews.com raised shares of Honda Motor from a “buy” rating to a “strong-buy” rating in a report on Monday, May 16th. Zacks Investment Research cut shares of Honda Motor from a “buy” rating to a “hold” rating and set a $30.00 price objective for the company. in a research report on Monday, April 4th. Three research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $30.00.
The firm’s 50 day moving average is $26.59 and its two-hundred day moving average is $28.21. The firm has a market cap of $42.46 billion, a P/E ratio of 6.78, a price-to-earnings-growth ratio of 0.43 and a beta of 0.70. The company has a current ratio of 1.47, a quick ratio of 1.05 and a debt-to-equity ratio of 0.46.
About Honda Motor (NYSE:HMC)
Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Life creation and Other Businesses.
- Get a free copy of the StockNews.com research report on Honda Motor (HMC)
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