Mazda Motor (OTCMKTS:MZDAY) Share Price Crosses Above Fifty Day Moving Average of $4.07

Mazda Motor Co. (OTCMKTS:MZDAYGet Rating)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.07 and traded as high as $4.80. Mazda Motor shares last traded at $4.77, with a volume of 141,286 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Nomura raised Mazda Motor from a “neutral” rating to a “buy” rating in a research report on Friday, November 11th.

Mazda Motor Price Performance

The company has a quick ratio of 0.94, a current ratio of 1.42 and a debt-to-equity ratio of 0.32. The firm’s fifty day moving average price is $4.07 and its two-hundred day moving average price is $3.86. The stock has a market capitalization of $6.03 billion, a PE ratio of 4.97 and a beta of 0.97.

Mazda Motor (OTCMKTS:MZDAYGet Rating) last announced its earnings results on Friday, February 10th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.10. The business had revenue of $7.47 billion during the quarter, compared to analyst estimates of $8.23 billion. Mazda Motor had a net margin of 4.31% and a return on equity of 13.71%. On average, equities analysts predict that Mazda Motor Co. will post 0.78 earnings per share for the current year.

About Mazda Motor

(Get Rating)

Mazda Motor Corp. engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, North America, Europe, China, and internationally. It operates through the following segments: Japan, North America, Europe, and Other Areas. Its products include four-wheeled vehicles, gasoline reciprocating engines, diesel engines, automatic and manual transmissions for vehicles, trucks, various engines, transmission parts, machine tools, and materials for casting.

Featured Articles

Receive News & Ratings for Mazda Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mazda Motor and related companies with MarketBeat.com's FREE daily email newsletter.