Mazda Motor (OTCMKTS:MZDAY) Shares Gap Up – Here’s Why

Mazda Motor Corporation (OTCMKTS:MZDAY)’s stock price gapped up before the market opened on Monday. The stock had previously closed at $3.60, but opened at $3.7375. Mazda Motor shares last traded at $3.63, with a volume of 1,024 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded 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 data from MarketBeat, the stock presently has an average rating of “Hold”.

Mazda Motor Price Performance

The stock has a market capitalization of $4.56 billion, a PE ratio of 6.69 and a beta of 0.56. The business’s 50-day moving average price is $3.64 and its 200 day moving average price is $3.47. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.01 and a current ratio of 1.47.

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