Mazda Motor (OTCMKTS:MZDAY) Posts Earnings Results

Mazda Motor (OTCMKTS:MZDAY) posted its quarterly earnings results on Tuesday. The company reported $0.16 earnings per share (EPS) for the quarter, Zacks reports. Mazda Motor had a net margin of 0.62% and a return on equity of 5.58%.

Mazda Motor Stock Performance

Shares of MZDAY stock opened at $3.56 on Tuesday. Mazda Motor has a fifty-two week low of $3.01 and a fifty-two week high of $4.55. The stock’s 50-day moving average is $3.46 and its two-hundred day moving average is $3.57. 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 firm has a market cap of $4.49 billion, a P/E ratio of 22.25 and a beta of 0.54.

Analyst Ratings Changes

Separately, Nomura upgraded shares of Mazda Motor to a “hold” rating in a research note on Thursday, April 30th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Mazda Motor presently has a consensus rating of “Hold”.

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.