Mazda Motor (OTCMKTS:MZDAY) Shares Gap Down - What's Next?

Shares of Mazda Motor Corporation (OTCMKTS:MZDAY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $2.87, but opened at $2.70. Mazda Motor shares last traded at $2.80, with a volume of 18,281 shares changing hands.

Analyst Ratings Changes

MZDAY has been the subject of a number of research analyst reports. Daiwa America upgraded Mazda Motor to a "hold" rating in a research report on Wednesday, April 2nd. Sanford C. Bernstein upgraded Mazda Motor to a "strong sell" rating in a research report on Monday, April 14th.

Mazda Motor Trading Up 3.0%

The stock has a market cap of $3.67 billion, a PE ratio of 5.02 and a beta of 0.65. The business has a 50-day moving average of $2.97 and a 200 day moving average of $3.15. 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 posted its quarterly earnings data on Monday, May 12th. The company reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.08. The firm had revenue of $8.72 billion during the quarter, compared to analysts' expectations of $1,304.72 billion. Mazda Motor had a return on equity of 8.13% and a net margin of 2.24%. Equities research analysts predict that Mazda Motor Corporation will post 0.66 EPS for the current fiscal year.

About Mazda Motor

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.