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

Mazda Motor Corporation (OTCMKTS:MZDAY) shares gapped up prior to trading on Monday. The stock had previously closed at $3.39, but opened at $3.65. Mazda Motor shares last traded at $3.4606, with a volume of 2,526 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 note on Tuesday, September 1st. Three analysts have rated the stock with a Hold rating. According to MarketBeat.com, Mazda Motor has a consensus rating of “Hold”.

Mazda Motor Trading Up 0.6%

The company has a 50-day moving average price of $3.60 and a two-hundred day moving average price of $3.47. The stock has a market cap of $4.38 billion, a P/E ratio of 6.43 and a beta of 0.59. The company has a current ratio of 1.47, a quick ratio of 1.01 and a debt-to-equity ratio of 0.35.

Mazda Motor (OTCMKTS:MZDAY) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter. The company had revenue of $8.07 billion during the quarter. Mazda Motor had a return on equity of 9.13% and a net margin of 2.06%. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. On average, research analysts expect that Mazda Motor Corporation will post 0.50 EPS for the current fiscal year.

About Mazda Motor

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.