Mazda Motor (OTCMKTS:MZDAY) Shares Gap Down – What’s Next?

Mazda Motor Corporation (OTCMKTS:MZDAY)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $3.7299, but opened at $3.54. Mazda Motor shares last traded at $3.63, with a volume of 1,429 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered Mazda Motor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 1st. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Mazda Motor Stock Performance

The company’s 50-day moving average price is $3.62 and its 200 day moving average price is $3.47. The stock has a market capitalization of $4.60 billion, a PE ratio of 6.76 and a beta of 0.56. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.01 and a current ratio of 1.47.

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

About Mazda Motor

Mazda Motor Corporation is a Japanese automobile manufacturer headquartered in Fuchu, Hiroshima Prefecture. The company designs, develops, manufactures and sells passenger vehicles, sport utility vehicles and related automotive products under the Mazda brand.

Mazda’s vehicle lineup includes compact cars, sedans, crossovers and SUVs, as well as selected commercial vehicles in certain markets. The company is known for its driver-focused vehicle designs and for developing technologies such as SKYACTIV engines, transmissions and vehicle platforms.