Daiwa America upgraded shares of Mazda Motor (OTCMKTS:MZDAY – Free Report) to a hold rating in a research report report published on Wednesday morning,Zacks.com reports.
Mazda Motor Trading Down 8.4 %
Shares of OTCMKTS MZDAY opened at $2.61 on Wednesday. The business has a 50 day simple moving average of $3.34 and a 200 day simple moving average of $3.37. Mazda Motor has a 52 week low of $2.60 and a 52 week high of $6.12. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of 3.78 and a beta of 0.73. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.98 and a current ratio of 1.56.
Mazda Motor (OTCMKTS:MZDAY – Get Free Report) last posted its earnings results on Friday, February 14th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.28 by $0.02. Mazda Motor had a net margin of 2.66% and a return on equity of 8.67%. On average, research analysts predict that Mazda Motor will post 0.66 earnings per share for the current fiscal year.
About Mazda Motor
Mazda Motor Corporation engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, China, North America, Europe, and internationally. The company was formerly known as Toyo Kogyo Co, Ltd. and changed its name to Mazda Motor Corporation in May 1984. Mazda Motor Corporation was incorporated in 1920 and is headquartered in Hiroshima, Japan.
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