Mazda Motor (OTCMKTS:MZDAY) Reaches New 52-Week High – Should You Buy?

Mazda Motor Corporation (OTCMKTS:MZDAY) hit a new 52-week high on Monday . The stock traded as high as $4.14 and last traded at $3.93, with a volume of 30413 shares. The stock had previously closed at $3.8730.

Analysts Set New Price Targets

Separately, UBS Group upgraded shares of Mazda Motor from a “strong sell” rating to a “hold” rating in a research 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 given a Sell rating to the company. According to data from MarketBeat.com, Mazda Motor presently has a consensus rating of “Hold”.

Mazda Motor Stock Performance

The company has a market capitalization of $4.82 billion, a price-to-earnings ratio of 23.88 and a beta of 0.48. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.04 and a current ratio of 1.55. The stock’s 50-day moving average price is $3.64 and its 200-day moving average price is $3.44.

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 during the quarter. Mazda Motor had a return on equity of 4.62% and a net margin of 0.63%. As a group, equities research analysts expect that Mazda Motor Corporation will post 0.66 earnings per share for the current 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.