Mazda Motor (OTCMKTS:MZDAY) Stock Passes Above 50 Day Moving Average – What’s Next?

Mazda Motor Corporation (OTCMKTS:MZDAY) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $3.36 and traded as high as $3.39. Mazda Motor shares last traded at $3.3660, with a volume of 60,340 shares.

Analyst Upgrades and Downgrades

Separately, Nomura raised Mazda Motor to a “hold” rating in a report on Thursday, April 30th. One 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, the stock has a consensus rating of “Hold”.

Mazda Motor Trading Up 2.5%

The company has a debt-to-equity ratio of 0.39, a current ratio of 1.52 and a quick ratio of 1.09. The stock’s 50 day moving average is $3.36 and its 200-day moving average is $3.64. The company has a market capitalization of $4.25 billion, a P/E ratio of 21.04 and a beta of 0.55.

Mazda Motor (OTCMKTS:MZDAY) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.42 earnings per share (EPS) for the quarter. The business had revenue of $9.03 billion during the quarter. Mazda Motor had a return on equity of 5.58% and a net margin of 0.62%.Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. As a group, equities research analysts anticipate that Mazda Motor Corporation will post 0.42 earnings per share for the current year.

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.