Mazda Motor (OTCMKTS:MZDAY) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Mazda Motor Corporation (OTCMKTS:MZDAY) saw an uptick in trading volume on Friday . 55,935 shares traded hands 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 Mazda Motor from a “strong sell” rating to a “hold” rating in a research note on Friday, December 12th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Mazda Motor Stock Down 2.7%

The business has a 50 day moving average of $3.76 and a two-hundred day moving average of $3.52. The stock has a market capitalization of $4.74 billion, a PE ratio of 23.50 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.

Mazda Motor (OTCMKTS:MZDAY) last released its quarterly earnings results on Friday, November 7th. The company reported $0.05 earnings per share for the quarter. The business 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%. Analysts predict that Mazda Motor Corporation will post 0.66 EPS for the current 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.