Mazda Motor (OTCMKTS:MZDAY) Announces Earnings Results

Mazda Motor (OTCMKTS:MZDAY) announced its quarterly earnings results on Friday. The company reported $0.05 EPS for the quarter, Zacks reports. Mazda Motor had a net margin of 0.39% and a return on equity of 3.36%. The business had revenue of $7.72 billion for the quarter.

Mazda Motor Stock Up 8.6%

OTCMKTS:MZDAY opened at $3.57 on Friday. Mazda Motor has a 1-year low of $2.44 and a 1-year high of $3.97. The company has a 50-day moving average of $3.59 and a 200 day moving average of $3.23. The firm has a market cap of $4.50 billion, a PE ratio of 35.73 and a beta of 0.58. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.52 and a quick ratio of 1.02.

Analyst Upgrades and Downgrades

Separately, Citigroup upgraded shares of Mazda Motor from a “neutral” rating to a “buy” rating in a report on Monday, September 8th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

Mazda Motor Company Profile

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.