Mazda Motor (OTCMKTS:MZDAY) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Shares of Mazda Motor Corporation (OTCMKTS:MZDAY) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.50 and traded as high as $3.7260. Mazda Motor shares last traded at $3.72, with a volume of 58,134 shares changing hands.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Zacks Research raised Mazda Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. Nomura raised Mazda Motor to a “hold” rating in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Mazda Motor Trading Up 0.9%

The stock has a market capitalization of $4.74 billion, a PE ratio of 6.95 and a beta of 0.54. The firm has a 50-day moving average price of $3.50 and a 200-day moving average price of $3.55. The company has a current ratio of 1.52, a quick ratio of 1.09 and a debt-to-equity ratio of 0.39.

Mazda Motor (OTCMKTS:MZDAY) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.16 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 for the quarter. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. As a group, equities analysts forecast that Mazda Motor Corporation will post 0.5 EPS for the current fiscal year.

Hedge Funds Weigh In On Mazda Motor

An institutional investor recently bought a new stake in Mazda Motor stock. Kirtland Hills Capital Management LLC bought a new position in Mazda Motor Corporation (OTCMKTS:MZDAY) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 6,765 shares of the company’s stock, valued at approximately $400,000.

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.