Mazda Motor (OTCMKTS:MZDAY) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Mazda Motor Co. (OTCMKTS:MZDAY)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.30 and traded as high as $3.44. Mazda Motor shares last traded at $3.26, with a volume of 127,071 shares trading hands.

Mazda Motor Stock Up 0.4 %

The company has a market capitalization of $4.13 billion, a PE ratio of 4.74 and a beta of 0.80. The company’s fifty day moving average is $3.30 and its 200-day moving average is $3.50. 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) last announced its quarterly earnings data on Friday, February 14th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.02. Mazda Motor had a net margin of 2.66% and a return on equity of 8.67%. As a group, analysts predict that Mazda Motor Co. will post 0.66 EPS 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.