Mazda Motor (OTCMKTS:MZDAF) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Mazda Motor Co. (OTCMKTS:MZDAFGet Free Report)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $7.51 and traded as low as $7.00. Mazda Motor shares last traded at $7.00, with a volume of 500 shares changing hands.

Mazda Motor Stock Down 2.9 %

The stock’s 50 day moving average price is $7.47 and its two-hundred day moving average price is $8.86.

Mazda Motor Company Profile

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Mazda Motor Corporation engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, China, North America, Europe, and internationally. The company was formerly known as Toyo Kogyo Co, Ltd. and changed its name to Mazda Motor Corporation in May 1984. Mazda Motor Corporation was incorporated in 1920 and is headquartered in Hiroshima, Japan.

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