Daiwa America upgraded shares of Mazda Motor (OTCMKTS:MZDAY – Free Report) to a hold rating in a research note published on Wednesday,Zacks.com reports.
Mazda Motor Stock Performance
OTCMKTS MZDAY opened at $2.61 on Wednesday. The firm’s fifty day moving average price is $3.34 and its two-hundred day moving average price is $3.37. The stock has a market cap of $3.29 billion, a PE 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 has a fifty-two week low of $2.60 and a fifty-two week high of $6.12.
Mazda Motor (OTCMKTS:MZDAY – Get Free Report) last issued its quarterly earnings data on Friday, February 14th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.02. Mazda Motor had a return on equity of 8.67% and a net margin of 2.66%. On average, equities analysts expect that Mazda Motor 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.
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