Mazda Motor (OTCMKTS:MZDAY) Shares Gap Up – Should You Buy?

Shares of Mazda Motor Corporation (OTCMKTS:MZDAY) gapped up prior to trading on Monday. The stock had previously closed at $3.39, but opened at $3.65. Mazda Motor shares last traded at $3.4606, with a volume of 2,526 shares traded.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of Mazda Motor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 1st. Three analysts have rated the stock with a Hold rating. Based on data from MarketBeat, Mazda Motor presently has an average rating of “Hold”.

Mazda Motor Stock Up 0.6%

The company has a quick ratio of 1.01, a current ratio of 1.47 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $4.38 billion, a P/E ratio of 6.43 and a beta of 0.59. The company has a fifty day moving average price of $3.60 and a 200-day moving average price of $3.47.

Mazda Motor (OTCMKTS:MZDAY) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 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. As a group, research analysts forecast that Mazda Motor Corporation will post 0.50 EPS for the current fiscal year.

Mazda Motor Company Profile

Mazda Motor Corporation is a Japanese automobile manufacturer headquartered in Fuchu, Hiroshima Prefecture. Founded in 1920 as Toyo Cork Kogyo Co, the company initially produced cork products and later expanded into machinery and vehicles. It adopted the Mazda name for its automotive products in the 1930s and has since developed into a global vehicle manufacturer.

Mazda designs, develops, manufactures, and sells passenger cars, sport utility vehicles, and commercial vehicles. Its product range includes the Mazda2, Mazda3, Mazda6, CX-series SUVs, MX-5 sports car, and other models that incorporate the company’s Skyactiv technologies and Kodo design language.