Mazda Motor (OTCMKTS:MZDAY) Announces Earnings Results

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

Mazda Motor Trading Up 8.6%

Shares of MZDAY stock traded up $0.28 during trading hours on Friday, hitting $3.57. The company had a trading volume of 66,368 shares, compared to its average volume of 126,890. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.52 and a quick ratio of 1.02. The stock has a market capitalization of $4.50 billion, a PE ratio of 35.73 and a beta of 0.58. The company’s fifty day moving average is $3.59 and its 200 day moving average is $3.22. Mazda Motor has a fifty-two week low of $2.44 and a fifty-two week high of $3.97.

Analysts Set New Price Targets

Separately, Citigroup raised shares of Mazda Motor from a “neutral” rating to a “buy” rating in a research 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. According to MarketBeat, the company currently has an average rating of “Hold”.

About Mazda Motor

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.