Mazda Motor Corporation (OTCMKTS:MZDAY) Short Interest Update
by Renee Jackson · The Cerbat GemMazda Motor Corporation (OTCMKTS:MZDAY – Get Free Report) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 61,151 shares, a drop of 38.8% from the April 15th total of 99,962 shares. Based on an average trading volume of 127,919 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are sold short.
Analysts Set New Price Targets
Separately, Nomura raised Mazda Motor to a “hold” rating in a research note on Thursday, April 30th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Mazda Motor currently has a consensus rating of “Hold”.
Check Out Our Latest Report on MZDAY
Mazda Motor Stock Up 1.9%
Shares of OTCMKTS:MZDAY traded up $0.07 on Friday, hitting $3.42. 31,276 shares of the company traded hands, compared to its average volume of 69,250. Mazda Motor has a 52 week low of $2.70 and a 52 week high of $4.55. The company has a quick ratio of 1.08, a current ratio of 1.60 and a debt-to-equity ratio of 0.41. The stock has a 50 day simple moving average of $3.36 and a 200-day simple moving average of $3.66. The company has a market cap of $4.31 billion, a PE ratio of 21.35 and a beta of 0.52.
Mazda Motor (OTCMKTS:MZDAY – Get Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.42 earnings per share for the quarter. Mazda Motor had a return on equity of 5.66% and a net margin of 0.62%.The firm had revenue of $9.03 billion during the quarter. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. As a group, research analysts expect that Mazda Motor will post 0.46 earnings per share for the current year.
About Mazda Motor
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.