Mazda Motor (OTCMKTS:MZDAY) Shares Gap Up – Here’s What Happened

Mazda Motor Corporation (OTCMKTS:MZDAY) gapped up before the market opened on Friday . The stock had previously closed at $3.64, but opened at $3.86. Mazda Motor shares last traded at $3.81, with a volume of 5,530 shares changing hands.

Analyst Upgrades and Downgrades

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

Mazda Motor Stock Performance

The stock has a market cap of $4.79 billion, a price-to-earnings ratio of 23.75 and a beta of 0.48. The firm’s 50-day moving average price is $3.79 and its two-hundred day moving average price is $3.56. 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 issued its quarterly earnings data on Friday, November 7th. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $7.72 billion for the quarter. Mazda Motor had a net margin of 0.63% and a return on equity of 4.62%. On average, analysts expect that Mazda Motor Corporation will post 0.66 EPS for the current fiscal year.

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.