Mazda Motor (OTCMKTS:MZDAY) Shares Gap Down – Here’s Why

by · The Cerbat Gem

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 trading hands.

Analyst Upgrades and Downgrades

Separately, Citigroup raised shares of Mazda Motor from a “neutral” rating to a “buy” rating in a research report on Monday, September 8th. One equities research 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 stock has a consensus rating of “Hold”.

View Our Latest Research Report on Mazda Motor

Mazda Motor Price Performance

The business has a 50-day moving average of $3.55 and a two-hundred day moving average of $3.30. The company has a current ratio of 1.52, a quick ratio of 1.02 and a debt-to-equity ratio of 0.36. The firm has a market cap of $4.44 billion, a P/E ratio of 22.03 and a beta of 0.51.

Mazda Motor (OTCMKTS:MZDAY – Get Free Report) last announced its quarterly earnings results on Friday, November 7th. The company reported $0.05 EPS for the quarter. The firm had revenue of $7.72 billion for the quarter. Mazda Motor had a return on equity of 4.61% and a net margin of 0.63%. On average, sell-side analysts anticipate 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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