Mazda Motor (OTCMKTS:MZDAY) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Mazda Motor Corporation (OTCMKTS:MZDAY) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.60 and traded as low as $3.33. Mazda Motor shares last traded at $3.3320, with a volume of 65,798 shares.

Wall Street Analysts Forecast Growth

Separately, Nomura upgraded Mazda Motor to a “hold” rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Mazda Motor currently has a consensus rating of “Hold”.

Mazda Motor Stock Performance

The business’s fifty day moving average is $3.39 and its two-hundred day moving average is $3.60. The stock has a market capitalization of $4.20 billion, a PE ratio of 20.83 and a beta of 0.55. 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 released its quarterly earnings results on Tuesday, May 12th. The company reported $0.42 earnings per share (EPS) for the quarter. Mazda Motor had a net margin of 0.62% and a return on equity of 5.58%. The company had revenue of $9.03 billion for the quarter. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. As a group, research analysts anticipate that Mazda Motor Corporation will post 0.46 EPS for the current fiscal year.

Mazda Motor Company Profile

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.