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

Mazda Motor Corporation (OTCMKTS:MZDAY) gapped down prior to trading on Monday . The stock had previously closed at $3.7299, but opened at $3.54. Mazda Motor shares last traded at $3.63, with a volume of 1,429 shares trading hands.

Analyst Ratings Changes

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

Mazda Motor Price Performance

The stock’s 50 day moving average is $3.63 and its two-hundred day moving average is $3.47. The stock has a market capitalization of $4.68 billion, a PE ratio of 6.87 and a beta of 0.56. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.47 and a quick ratio of 1.01.

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