Mazda Motor (OTCMKTS:MZDAY) Shares Gap Up – Should You Buy?

Mazda Motor Corporation (OTCMKTS:MZDAY)’s share price gapped up prior to trading on Tuesday. The stock had previously closed at $3.37, but opened at $3.63. Mazda Motor shares last traded at $3.47, with a volume of 1,084 shares changing hands.

Wall Street Analysts Forecast Growth

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

Mazda Motor Stock Performance

The company has a debt-to-equity ratio of 0.35, a current ratio of 1.47 and a quick ratio of 1.01. The company’s fifty day moving average price is $3.62 and its 200 day moving average price is $3.46. The company has a market cap of $4.33 billion, a PE ratio of 6.35 and a beta of 0.59.

Mazda Motor (OTCMKTS:MZDAY) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share for the quarter. The business had revenue of $8.07 billion for the quarter. Mazda Motor had a net margin of 2.06% and a return on equity of 9.13%. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. On average, equities research analysts predict 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 Prefecture. Founded in 1920 as Toyo Cork Kogyo Co, the company initially produced cork products and later expanded into machinery and vehicles. It adopted the Mazda name for its automotive products in the 1930s and has since developed into a global vehicle manufacturer.

Mazda designs, develops, manufactures, and sells passenger cars, sport utility vehicles, and commercial vehicles. Its product range includes the Mazda2, Mazda3, Mazda6, CX-series SUVs, MX-5 sports car, and other models that incorporate the company’s Skyactiv technologies and Kodo design language.