Mazda Motor (OTCMKTS:MZDAY) Posts Earnings Results

Mazda Motor (OTCMKTS:MZDAY) released its earnings results on Monday. The company reported $0.10 earnings per share for the quarter, Zacks reports. Mazda Motor had a return on equity of 9.13% and a net margin of 2.06%.

Mazda Motor Stock Performance

MZDAY opened at $3.60 on Monday. Mazda Motor has a 52-week low of $3.10 and a 52-week high of $4.55. The firm has a market capitalization of $4.54 billion, a PE ratio of 6.66 and a beta of 0.59. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.01 and a current ratio of 1.47. The business’s 50-day simple moving average is $3.53 and its 200 day simple moving average is $3.56.

Analyst Ratings Changes

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

Mazda Motor Company Profile

Mazda Motor Corporation is a Japanese automaker headquartered in Hiroshima. Founded in 1920 as Toyo Cork Kogyo, the company began producing vehicles in 1931, initially making three-wheeled trucks, before expanding into passenger cars and becoming known as Mazda.

The company develops, manufactures, and sells passenger vehicles, engines, transmissions, and related parts. Its lineup includes cars and sport utility vehicles, as well as the MX-5 sports car. Mazda is also known for developing rotary-engine technology and for its focus on vehicle design and driving dynamics.

Mazda sells vehicles in Japan and international markets, including North America, Europe, and other regions.