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

Mazda Motor Corporation (OTCMKTS:MZDAY)’s share price gapped up prior to trading on Friday . The stock had previously closed at $3.53, but opened at $3.69. Mazda Motor shares last traded at $3.7130, with a volume of 4,414 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut Mazda Motor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 1st. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Mazda Motor Stock Up 4.7%

The company has a market capitalization of $4.66 billion, a PE ratio of 6.84 and a beta of 0.56. The company has a current ratio of 1.52, a quick ratio of 1.09 and a debt-to-equity ratio of 0.39. The business has a fifty day moving average of $3.59 and a 200 day moving average of $3.50.

Mazda Motor (OTCMKTS:MZDAY) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter. The company had revenue of $8.07 billion for the quarter. Mazda Motor had a net margin of 2.06% and a return on equity of 9.13%. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. Equities research analysts anticipate that Mazda Motor Corporation will post 0.5 EPS for the current year.

About Mazda Motor

Mazda Motor Corporation is a Japanese automobile manufacturer headquartered in Fuchu, Hiroshima Prefecture. The company designs, develops, manufactures and sells passenger vehicles, sport utility vehicles and related automotive products under the Mazda brand.

Mazda’s vehicle lineup includes compact cars, sedans, crossovers and SUVs, as well as selected commercial vehicles in certain markets. The company is known for its driver-focused vehicle designs and for developing technologies such as SKYACTIV engines, transmissions and vehicle platforms.