Mazda Motor (OTCMKTS:MZDAY) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Mazda Motor Corporation (OTCMKTS:MZDAY) saw an uptick in trading volume on Wednesday . 63,926 shares changed hands during mid-day trading, an increase of 35% from the previous session’s volume of 47,477 shares.The stock last traded at $3.7250 and had previously closed at $3.73.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Nomura raised shares of Mazda Motor to a “hold” rating in a research note on Thursday, April 30th. Zacks Research raised shares of Mazda Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Mazda Motor Stock Performance

The stock has a market capitalization of $4.69 billion, a price-to-earnings ratio of 6.88 and a beta of 0.54. The company has a 50 day simple moving average of $3.51 and a 200-day simple moving average of $3.55. The company has a quick ratio of 1.09, a current ratio of 1.52 and a debt-to-equity ratio of 0.39.

Mazda Motor (OTCMKTS:MZDAY) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.16 EPS for the quarter. The company had revenue of $8.07 billion during the quarter. Mazda Motor had a net margin of 2.06% and a return on equity of 9.13%. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. As a group, equities research analysts expect that Mazda Motor Corporation will post 0.5 EPS for the current fiscal year.

Institutional Investors Weigh In On Mazda Motor

A hedge fund recently bought a new stake in Mazda Motor stock. Kirtland Hills Capital Management LLC purchased a new stake in Mazda Motor Corporation (OTCMKTS:MZDAY) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,765 shares of the company’s stock, valued at approximately $400,000.

About Mazda Motor

Mazda Motor Corporation is a Japan‐based automaker best known for its range of passenger cars, sport utility vehicles, and light commercial vehicles. With a reputation for engineering innovation, Mazda produces models such as the Mazda3 compact car, the Mazda6 sedan, the popular MX-5 Miata roadster, and the CX-series SUVs. The company emphasizes driving dynamics, fuel efficiency and distinctive design in its product lineup, leveraging its proprietary SKYACTIV technology to improve engine performance, chassis rigidity and transmission efficiency.

Founded in 1920 in Hiroshima under the name Toyo Cork Kogyo Co, Ltd., Mazda has evolved from a producer of machine tools into a global automotive manufacturer.