Mazda Motor Corporation (OTCMKTS:MZDAY – Get Free Report)’s share price passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $3.56 and traded as high as $3.66. Mazda Motor shares last traded at $3.59, with a volume of 69,503 shares traded.
Analysts Set New Price Targets
Separately, Zacks Research cut shares of Mazda Motor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 1st. Three investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, Mazda Motor has a consensus rating of “Hold”.
Get Our Latest Stock Analysis on MZDAY
Mazda Motor Price Performance
The business’s 50-day moving average price is $3.53 and its 200 day moving average price is $3.56. The stock has a market capitalization of $4.53 billion, a PE ratio of 6.65 and a beta of 0.59. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.01 and a current ratio of 1.47.
Mazda Motor (OTCMKTS:MZDAY – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share for the quarter. Mazda Motor had a net margin of 2.06% and a return on equity of 9.13%. The firm had revenue of $8.07 billion for the quarter. Research analysts forecast that Mazda Motor Corporation will post 0.50 earnings per share for the current year.
About Mazda Motor
Mazda Motor Corporation is a Japanese automobile manufacturer headquartered in Fuchu, Hiroshima, Japan. The company develops, manufactures and sells passenger vehicles, sport utility vehicles, crossovers and related automotive products under the Mazda brand.
Mazda’s vehicle lineup is known for emphasizing driving dynamics, design and fuel efficiency. Its engineering portfolio includes the SKYACTIV range of engines, transmissions, vehicle platforms and other technologies, as well as battery-electric and hybrid vehicle offerings.
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