Mazda Motor (OTCMKTS:MZDAY) Shares Gap Down – What’s Next?

Shares of Mazda Motor Corporation (OTCMKTS:MZDAY) gapped down before the market opened on Wednesday . The stock had previously closed at $4.10, but opened at $3.93. Mazda Motor shares last traded at $4.08, with a volume of 228 shares changing hands.

Analyst Ratings Changes

Separately, UBS Group raised 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 given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold”.

Mazda Motor Price Performance

The stock has a 50-day moving average price of $3.69 and a two-hundred day moving average price of $3.48. 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 stock has a market cap of $5.06 billion, a price-to-earnings ratio of 25.10 and a beta of 0.48.

Mazda Motor (OTCMKTS:MZDAY) last released its quarterly earnings results on Friday, November 7th. The company reported $0.05 EPS for the quarter. The company had revenue of $7.72 billion during the quarter. Mazda Motor had a return on equity of 4.62% and a net margin of 0.63%. As a group, equities research analysts forecast that Mazda Motor Corporation will post 0.66 EPS 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.