Mazda Motor (OTCMKTS:MZDAY) Shares Gap Up – Still a Buy?

Mazda Motor Corporation (OTCMKTS:MZDAY)’s share price gapped up prior to trading on Friday . The stock had previously closed at $3.64, but opened at $3.86. Mazda Motor shares last traded at $3.81, with a volume of 5,530 shares.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded shares of Mazda Motor from a “strong sell” rating to a “hold” rating in a 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 stock. Based on data from MarketBeat, Mazda Motor presently has an average rating of “Hold”.

Mazda Motor Price Performance

The company has a quick ratio of 1.04, a current ratio of 1.55 and a debt-to-equity ratio of 0.40. The firm has a market cap of $4.81 billion, a PE ratio of 23.85 and a beta of 0.48. The stock has a 50 day moving average price of $3.78 and a two-hundred day moving average price of $3.54.

Mazda Motor (OTCMKTS:MZDAY) last released its 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 net margin of 0.63% and a return on equity of 4.62%. As a group, equities analysts expect that Mazda Motor Corporation will post 0.66 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.