Mazda Motor (OTCMKTS:MZDAY) Shares Gap Down – Time to Sell?

Mazda Motor Corporation (OTCMKTS:MZDAY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $3.8650, but opened at $3.74. Mazda Motor shares last traded at $3.8650, with a volume of 113,221 shares traded.

Analyst Upgrades and Downgrades

Separately, UBS Group raised shares of Mazda Motor from a “strong sell” rating to a “hold” rating in a research report on Friday, December 12th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Mazda Motor Price Performance

The stock’s 50 day simple moving average is $3.75 and its 200-day simple moving average is $3.51. The firm has a market cap of $4.87 billion, a price-to-earnings ratio of 24.16 and a beta of 0.48. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.04 and a current ratio of 1.55.

Mazda Motor (OTCMKTS:MZDAY) last released its earnings results on Friday, November 7th. The company reported $0.05 earnings per share (EPS) for the quarter. Mazda Motor had a return on equity of 4.62% and a net margin of 0.63%.The firm had revenue of $7.72 billion for the quarter. Equities research analysts anticipate that Mazda Motor Corporation will post 0.66 EPS for the current fiscal year.

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.