Mazda Motor (OTCMKTS:MZDAY) Reaches New 1-Year High – Here’s What Happened

Mazda Motor Corporation (OTCMKTS:MZDAY) hit a new 52-week high on Monday . The company traded as high as $4.14 and last traded at $3.93, with a volume of 30413 shares trading hands. The stock had previously closed at $3.8730.

Analyst Ratings Changes

Several research firms have commented on MZDAY. Citigroup raised shares of Mazda Motor from a “neutral” rating to a “buy” rating in a research note on Monday, September 8th. UBS Group upgraded shares of Mazda Motor from a “strong sell” rating to a “hold” rating in a report on Friday, December 12th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Mazda Motor Stock Performance

The stock has a market cap of $4.97 billion, a price-to-earnings ratio of 24.66 and a beta of 0.48. The company’s 50-day simple moving average is $3.63 and its 200-day simple moving average is $3.42. The company has a quick ratio of 1.04, a current ratio of 1.55 and a debt-to-equity ratio of 0.40.

Mazda Motor (OTCMKTS:MZDAY) last announced its earnings results on Friday, November 7th. The company reported $0.05 earnings per share (EPS) for the quarter. Mazda Motor had a return on equity of 4.62% and a net margin of 0.63%.The company had revenue of $7.72 billion for the quarter. Analysts predict that Mazda Motor Corporation will post 0.66 EPS for the current fiscal year.

About Mazda Motor

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.