Mazda Motor (OTCMKTS:MZDAY) Shares Down 3.6% - Here's Why

Mazda Motor Corporation (OTCMKTS:MZDAY - Get Free Report)'s stock price dropped 3.6% during trading on Monday . The stock traded as low as $2.95 and last traded at $2.95. Approximately 1,624 shares were traded during trading, a decline of 99% from the average daily volume of 169,208 shares. The stock had previously closed at $3.06.

Analyst Ratings Changes

Several analysts recently issued reports on MZDAY shares. Daiwa America raised Mazda Motor to a "hold" rating in a research note on Wednesday, April 2nd. Sanford C. Bernstein upgraded Mazda Motor to a "strong sell" rating in a report on Monday, April 14th.

Mazda Motor Stock Performance

The company's 50-day moving average price is $2.97 and its 200 day moving average price is $3.15. The stock has a market capitalization of $3.73 billion, a PE ratio of 5.10 and a beta of 0.65. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.04 and a current ratio of 1.48.

Mazda Motor (OTCMKTS:MZDAY - Get Free Report) last released its quarterly earnings results on Monday, May 12th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.08. The company had revenue of $8.72 billion during the quarter, compared to the consensus estimate of $1,304.72 billion. Mazda Motor had a net margin of 2.24% and a return on equity of 8.13%. On average, equities research analysts expect that Mazda Motor Corporation will post 0.66 earnings per share for the current fiscal year.

Mazda Motor Company Profile

Mazda Motor Corporation engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, China, North America, Europe, and internationally. The company was formerly known as Toyo Kogyo Co, Ltd. and changed its name to Mazda Motor Corporation in May 1984. Mazda Motor Corporation was incorporated in 1920 and is headquartered in Hiroshima, Japan.