Mazda Motor (OTCMKTS:MZDAY) Announces Quarterly Earnings Results

Mazda Motor (OTCMKTS:MZDAY) released its earnings results on Monday. The company reported $0.10 earnings per share for the quarter, Zacks reports. Mazda Motor had a net margin of 2.06% and a return on equity of 9.13%.

Mazda Motor Stock Performance

OTCMKTS:MZDAY opened at $3.60 on Monday. The company has a quick ratio of 1.01, a current ratio of 1.47 and a debt-to-equity ratio of 0.35. The firm’s fifty day simple moving average is $3.53 and its 200 day simple moving average is $3.56. The stock has a market cap of $4.54 billion, a P/E ratio of 6.66 and a beta of 0.59. Mazda Motor has a twelve month low of $3.10 and a twelve month high of $4.55.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of 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 company presently has a consensus rating of “Hold”.

About Mazda Motor

Mazda Motor Corporation is a Japanese automaker headquartered in Hiroshima. Founded in 1920 as Toyo Cork Kogyo, the company began producing vehicles in 1931, initially making three-wheeled trucks, before expanding into passenger cars and becoming known as Mazda.

The company develops, manufactures, and sells passenger vehicles, engines, transmissions, and related parts. Its lineup includes cars and sport utility vehicles, as well as the MX-5 sports car. Mazda is also known for developing rotary-engine technology and for its focus on vehicle design and driving dynamics.

Mazda sells vehicles in Japan and international markets, including North America, Europe, and other regions.