Mazda Motor (OTCMKTS:MZDAY) Shares Gap Up – Should You Buy?

Shares of Mazda Motor Corporation (OTCMKTS:MZDAY) gapped up before the market opened on Tuesday. The stock had previously closed at $3.37, but opened at $3.63. Mazda Motor shares last traded at $3.47, with a volume of 1,084 shares traded.

Analyst Upgrades and Downgrades

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

Mazda Motor Stock Up 1.5%

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 stock has a 50 day simple moving average of $3.62 and a 200 day simple moving average of $3.46. The stock has a market cap of $4.33 billion, a price-to-earnings ratio of 6.35 and a beta of 0.59.

Mazda Motor (OTCMKTS:MZDAY) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.16 EPS for the quarter. Mazda Motor had a return on equity of 9.13% and a net margin of 2.06%. The firm 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, analysts expect that Mazda Motor Corporation will post 0.50 earnings per share for the current fiscal year.

Mazda Motor Company Profile

Mazda Motor Corporation is a Japanese automobile manufacturer headquartered in Fuchu, Hiroshima Prefecture. Founded in 1920 as Toyo Cork Kogyo Co, the company initially produced cork products and later expanded into machinery and vehicles. It adopted the Mazda name for its automotive products in the 1930s and has since developed into a global vehicle manufacturer.

Mazda designs, develops, manufactures, and sells passenger cars, sport utility vehicles, and commercial vehicles. Its product range includes the Mazda2, Mazda3, Mazda6, CX-series SUVs, MX-5 sports car, and other models that incorporate the company’s Skyactiv technologies and Kodo design language.