Mazda Motor (OTCMKTS:MZDAY) Shares Cross Above 50-Day Moving Average – What’s Next?

Mazda Motor Co. (OTCMKTS:MZDAY)’s share price passed 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 changing hands.

Mazda Motor Stock Performance

The company has a market capitalization of $4.11 billion, a PE ratio of 4.00 and a beta of 0.80. The firm’s 50-day simple moving average is $3.30 and its 200-day simple moving average is $3.51. The company has a current ratio of 1.51, a quick ratio of 0.98 and a debt-to-equity ratio of 0.30.

Mazda Motor (OTCMKTS:MZDAY) last announced its quarterly earnings results on Friday, February 14th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.02. Mazda Motor had a return on equity of 8.71% and a net margin of 2.66%. On average, research analysts predict that Mazda Motor Co. will post 0.66 earnings per share for the current year.

Mazda Motor Company Profile

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.