Mazda Motor (OTCMKTS:MZDAY) Reaches New 1-Year High – Here’s What Happened

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

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Citigroup upgraded Mazda Motor from a “neutral” rating to a “buy” rating in a research report on Monday, September 8th. UBS Group upgraded shares of Mazda Motor from a “strong sell” rating to a “hold” rating in a report on Friday, December 12th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Mazda Motor Stock Up 1.9%

The company has a current ratio of 1.55, a quick ratio of 1.04 and a debt-to-equity ratio of 0.40. The business’s fifty day moving average price is $3.63 and its two-hundred day moving average price is $3.42. The firm has a market cap of $4.97 billion, a P/E ratio of 24.66 and a beta of 0.48.

Mazda Motor (OTCMKTS:MZDAY) last posted its earnings results on Friday, November 7th. The company reported $0.05 earnings per share for the quarter. Mazda Motor had a return on equity of 4.62% and a net margin of 0.63%.The company had revenue of $7.72 billion for the quarter. As a group, equities research analysts anticipate 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.