Mazda Motor (OTCMKTS:MZDAY) Shares Gap Down – Should You Sell?

Mazda Motor Corporation (OTCMKTS:MZDAYGet Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $3.73, but opened at $3.58. Mazda Motor shares last traded at $3.58, with a volume of 1,547 shares.

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 report on Tuesday, September 1st. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

View Our Latest Report on Mazda Motor

Mazda Motor Trading Up 1.6%

The company has a quick ratio of 1.09, a current ratio of 1.52 and a debt-to-equity ratio of 0.39. The firm’s 50 day moving average is $3.58 and its two-hundred day moving average is $3.51. The stock has a market cap of $4.50 billion, a price-to-earnings ratio of 6.60 and a beta of 0.56.

Mazda Motor (OTCMKTS:MZDAYGet Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $8.07 billion for the quarter. Mazda Motor had a return on equity of 9.13% and a net margin of 2.06%.Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. Equities analysts anticipate that Mazda Motor Corporation will post 0.5 EPS for the current year.

About Mazda Motor

(Get Free Report)

Mazda Motor Corporation is a Japan‐based automaker best known for its range of passenger cars, sport utility vehicles, and light commercial vehicles. With a reputation for engineering innovation, Mazda produces models such as the Mazda3 compact car, the Mazda6 sedan, the popular MX-5 Miata roadster, and the CX-series SUVs. The company emphasizes driving dynamics, fuel efficiency and distinctive design in its product lineup, leveraging its proprietary SKYACTIV technology to improve engine performance, chassis rigidity and transmission efficiency.

Founded in 1920 in Hiroshima under the name Toyo Cork Kogyo Co, Ltd., Mazda has evolved from a producer of machine tools into a global automotive manufacturer.

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