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

by · The Markets Daily

Mazda Motor Corporation (OTCMKTS:MZDAY – Get Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $3.61, but opened at $3.44. Mazda Motor shares last traded at $3.61, with a volume of 9,422 shares traded.

Analyst Upgrades and Downgrades

Separately, Citigroup raised Mazda Motor from a “neutral” rating to a “buy” rating in a research report on Monday, September 8th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Check Out Our Latest Stock Report on Mazda Motor

Mazda Motor Trading Up 2.5%

The company has a fifty day simple moving average of $3.54 and a two-hundred day simple moving average of $3.30. The company has a market capitalization of $4.60 billion, a P/E ratio of 22.81 and a beta of 0.51. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.52 and a quick ratio of 1.02.

Mazda Motor (OTCMKTS:MZDAY – Get Free Report) last issued its quarterly earnings data on Friday, November 7th. The company reported $0.05 earnings per share for the quarter. Mazda Motor had a net margin of 0.63% and a return on equity of 4.61%. The business had revenue of $7.72 billion during the quarter. On average, analysts forecast that Mazda Motor Corporation will post 0.66 earnings per share for the current fiscal year.

About Mazda Motor

(Get Free Report)

Mazda Motor Corporation engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, China, North America, Europe, and internationally. The company was formerly known as Toyo Kogyo Co, Ltd. and changed its name to Mazda Motor Corporation in May 1984. Mazda Motor Corporation was incorporated in 1920 and is headquartered in Hiroshima, Japan.

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