Mazda Motor (OTCMKTS:MZDAY) Sees Large Volume Increase – Time to Buy?

Mazda Motor Corporation (OTCMKTS:MZDAY) saw unusually-high trading volume on Monday . Approximately 32,282 shares changed hands during mid-day trading, a decline of 29% from the previous session’s volume of 45,783 shares.The stock last traded at $3.6735 and had previously closed at $3.68.

Analyst Upgrades and Downgrades

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

Mazda Motor Trading Down 0.3%

The company has a market cap of $4.63 billion, a PE ratio of 6.80 and a beta of 0.56. 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 company has a 50 day simple moving average of $3.60 and a two-hundred day simple moving average of $3.49.

Mazda Motor (OTCMKTS:MZDAY) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter. Mazda Motor had a net margin of 2.06% and a return on equity of 9.13%. The business had revenue of $8.07 billion during the quarter. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. Sell-side analysts forecast that Mazda Motor Corporation will post 0.5 EPS for the current year.

About Mazda Motor

Mazda Motor Corporation is a Japanese automobile manufacturer headquartered in Fuchu, Hiroshima Prefecture. The company designs, develops, manufactures and sells passenger vehicles, sport utility vehicles and related automotive products under the Mazda brand.

Mazda’s vehicle lineup includes compact cars, sedans, crossovers and SUVs, as well as selected commercial vehicles in certain markets. The company is known for its driver-focused vehicle designs and for developing technologies such as SKYACTIV engines, transmissions and vehicle platforms.