Mazda Motor (OTCMKTS:MZDAY) Sees Large Volume Increase – What’s Next?

Shares of Mazda Motor Corporation (OTCMKTS:MZDAY) saw an uptick in trading volume on Friday . 55,935 shares were traded during mid-day trading, an increase of 0% from the previous session’s volume of 55,750 shares.The stock last traded at $3.7550 and had previously closed at $3.8650.

Analyst Upgrades and Downgrades

Separately, UBS Group raised shares of 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 issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Mazda Motor presently has a consensus rating of “Hold”.

Mazda Motor Stock Down 2.7%

The company has a current ratio of 1.55, a quick ratio of 1.04 and a debt-to-equity ratio of 0.40. The stock has a market cap of $4.74 billion, a P/E ratio of 23.50 and a beta of 0.48. The firm has a 50-day simple moving average of $3.76 and a two-hundred day simple moving average of $3.53.

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