Mazda Motor (OTCMKTS:MZDAY) Releases Quarterly Earnings Results

Mazda Motor (OTCMKTS:MZDAY) announced its quarterly earnings results on Tuesday. The company reported $0.16 EPS for the quarter, Zacks reports. Mazda Motor had a net margin of 0.62% and a return on equity of 5.58%.

Mazda Motor Stock Down 1.4%

MZDAY opened at $3.56 on Tuesday. The firm has a market cap of $4.49 billion, a P/E ratio of 22.25 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. The business has a 50 day moving average price of $3.46 and a 200 day moving average price of $3.57. Mazda Motor has a twelve month low of $3.01 and a twelve month high of $4.55.

Analyst Upgrades and Downgrades

Separately, Nomura upgraded shares of Mazda Motor to a “hold” rating in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Mazda Motor presently has an average rating of “Hold”.

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.