Mazda Motor (OTCMKTS:MZDAF) Stock Price Down 2% – Here’s Why

Shares of Mazda Motor Co. (OTCMKTS:MZDAFGet Free Report) dropped 2% during mid-day trading on Friday . The company traded as low as $8.1450 and last traded at $8.1450. Approximately 300 shares traded hands during trading, a decline of 12% from the average daily volume of 340 shares. The stock had previously closed at $8.3150.

Mazda Motor Price Performance

The company’s 50 day moving average is $7.57 and its two-hundred day moving average is $7.13.

About Mazda Motor

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Mazda Motor Corporation is a Japan-based automotive manufacturer engaged in the design, development, production and sale of passenger cars, sport utility vehicles and crossovers. The company also provides related after-sales services and parts, along with financial and leasing services through its subsidiary Mazda Financial Services. Mazda’s product lineup spans compact hatchbacks, sedans, and mid-size SUVs, with a growing focus on fuel-efficient internal combustion engines, SKYACTIV® technology, and a strategic move toward electrified powertrains.

Originally founded in Hiroshima in 1920 as Toyo Cork Kogyo Co, Ltd., Mazda entered automobile production in the early 1930s.

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