Mazda Motor (OTCMKTS:MZDAY) Shares Gap Down – What’s Next?

Mazda Motor Corporation (OTCMKTS:MZDAY) shares gapped down before the market opened on Wednesday . The stock had previously closed at $3.73, but opened at $3.58. Mazda Motor shares last traded at $3.58, with a volume of 1,547 shares changing hands.

Analyst Upgrades and Downgrades

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

Mazda Motor Trading Up 1.6%

The business’s 50-day simple moving average is $3.58 and its two-hundred day simple moving average is $3.51. 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 has a market capitalization of $4.50 billion, a price-to-earnings ratio of 6.60 and a beta of 0.56.

Mazda Motor (OTCMKTS:MZDAY) last announced its earnings results on Tuesday, August 4th. The company reported $0.16 EPS for the quarter. Mazda Motor had a return on equity of 9.13% and a net margin of 2.06%.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. On average, research analysts anticipate that Mazda Motor Corporation will post 0.5 earnings per share 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.