Zacks Investment Research Downgrades Mazda Motor Corp (MZDAY) to Hold
Mazda Motor Corp (NASDAQ:MZDAY) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.
According to Zacks, “Mazda Motor Corp. engages in the manufacture and sale of passenger cars, commercial vehicles and automotive parts. It products include trucks, engines, transmission parts, machine tools and materials for casting. The company operates primarily in Japan, North America, Europe and Other Areas. Mazda Motor Corp. is headquartered in Aki-gun, Japan. “
Shares of Mazda Motor Corp (NASDAQ:MZDAY) opened at 7.23 on Wednesday. Mazda Motor Corp has a one year low of $6.64 and a one year high of $8.71. The stock has a market cap of $8.64 billion and a price-to-earnings ratio of 8.61. The company has a 50-day moving average of $7.38 and a 200 day moving average of $7.08.
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