Mazda Motor (OTCMKTS:MZDAY) Shares Gap Down – Here’s What Happened
by Teresa Graham · The Cerbat GemMazda Motor Corporation (OTCMKTS:MZDAY – Get Free Report)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $3.97, but opened at $3.76. Mazda Motor shares last traded at $3.76, with a volume of 309 shares traded.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on MZDAY. Citigroup raised shares of Mazda Motor from a “neutral” rating to a “buy” rating in a report on Monday, September 8th. UBS Group upgraded shares of Mazda Motor from a “strong sell” rating to a “hold” rating in a research report on Friday, December 12th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.
Check Out Our Latest Report on MZDAY
Mazda Motor Stock Performance
The stock’s 50 day moving average price is $3.60 and its two-hundred day moving average price is $3.37. The company has a current ratio of 1.55, a quick ratio of 1.04 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $4.86 billion, a price-to-earnings ratio of 24.10 and a beta of 0.52.
Mazda Motor (OTCMKTS:MZDAY – Get Free Report) last released its quarterly earnings data on Friday, November 7th. The company reported $0.05 EPS for the quarter. Mazda Motor had a net margin of 0.63% and a return on equity of 4.62%. The firm had revenue of $7.72 billion for the quarter. On average, analysts forecast that Mazda Motor Corporation will post 0.66 EPS for the current year.
Mazda Motor Company Profile
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.