Mazda Motor (OTCMKTS:MZDAY) Shares Gap Down – Should You Sell?

Mazda Motor Corporation (OTCMKTS:MZDAY) gapped down prior to trading on Thursday . The stock had previously closed at $3.8650, but opened at $3.74. Mazda Motor shares last traded at $3.8650, with a volume of 113,221 shares.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded Mazda Motor from a “strong sell” rating to a “hold” rating in a research note on Friday, December 12th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Mazda Motor Stock Performance

The company has a quick ratio of 1.04, a current ratio of 1.55 and a debt-to-equity ratio of 0.40. The stock’s 50 day moving average is $3.75 and its two-hundred day moving average is $3.51. The company has a market capitalization of $4.87 billion, a PE ratio of 24.16 and a beta of 0.48.

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 company 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%. As a group, sell-side analysts predict that Mazda Motor Corporation will post 0.66 EPS 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.