Mazda Motor (OTCMKTS:MZDAY) Stock Crosses Above 50-Day Moving Average Following Analyst Downgrade

Mazda Motor Corporation (OTCMKTS:MZDAY) shares passed above its 50-day moving average during trading on Wednesday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock has a 50-day moving average of $3.55 and traded as high as $3.8152. Mazda Motor shares last traded at $3.81, with a volume of 6,094 shares changing hands.

Separately, Nomura upgraded shares of Mazda Motor to a “hold” rating in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Mazda Motor has a consensus rating of “Hold”.

Mazda Motor Price Performance

The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.09 and a current ratio of 1.52. The stock’s 50-day moving average is $3.56 and its two-hundred day moving average is $3.53. The stock has a market cap of $4.71 billion, a PE ratio of 6.91 and a beta of 0.56.

Mazda Motor (OTCMKTS:MZDAY) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 EPS for the quarter. The company had revenue of $8.07 billion for 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. On average, equities analysts predict that Mazda Motor Corporation will post 0.5 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.