Mazda Motor (OTCMKTS:MZDAY) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Mazda Motor Corporation (OTCMKTS:MZDAY) saw an uptick in trading volume on Wednesday . 63,926 shares were traded during trading, an increase of 35% from the previous session’s volume of 47,477 shares.The stock last traded at $3.7250 and had previously closed at $3.73.

Analysts Set New Price Targets

A number of equities analysts have recently commented on MZDAY shares. Zacks Research raised shares of Mazda Motor from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. Nomura raised shares of Mazda Motor to a “hold” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Mazda Motor Stock Up 0.3%

The stock has a 50-day moving average of $3.52 and a two-hundred day moving average of $3.54. The company has a market cap of $4.69 billion, a P/E ratio of 6.89 and a beta of 0.54. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.09 and a current ratio of 1.52.

Mazda Motor (OTCMKTS:MZDAY) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 EPS for the quarter. The business 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. On average, research analysts anticipate that Mazda Motor Corporation will post 0.5 EPS for the current fiscal year.

Institutional Trading of Mazda Motor

An institutional investor recently bought a new position in Mazda Motor stock. Kirtland Hills Capital Management LLC acquired a new stake in shares of Mazda Motor Corporation (OTCMKTS:MZDAY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,765 shares of the company’s stock, valued at approximately $400,000.

Mazda Motor Company Profile

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.