Mazda Motor (OTCMKTS:MZDAY) Shares Gap Up – Time to Buy?

Mazda Motor Corporation (OTCMKTS:MZDAY)’s stock price gapped up before the market opened 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.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of Mazda Motor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 1st. Three equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Mazda Motor Trading Up 0.3%

The stock has a market cap of $4.36 billion, a PE ratio of 6.41 and a beta of 0.59. The firm has a 50-day simple moving average of $3.59 and a 200-day simple moving average of $3.47. The company has a quick ratio of 1.01, a current ratio of 1.47 and a debt-to-equity ratio of 0.35.

Mazda Motor (OTCMKTS:MZDAY) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 EPS for the quarter. The firm had revenue of $8.07 billion during the quarter. Mazda Motor had a return on equity of 9.13% and a net margin of 2.06%. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. Equities analysts forecast that Mazda Motor Corporation will post 0.50 earnings per share for the current year.

Mazda Motor Company Profile

Mazda Motor Corporation is a Japanese automobile manufacturer headquartered in Fuchu, Hiroshima, Japan. The company develops, manufactures and sells passenger vehicles, sport utility vehicles, crossovers and related automotive products under the Mazda brand.

Mazda’s vehicle lineup is known for emphasizing driving dynamics, design and fuel efficiency. Its engineering portfolio includes the SKYACTIV range of engines, transmissions, vehicle platforms and other technologies, as well as battery-electric and hybrid vehicle offerings.