Mazda Motor (OTCMKTS:MZDAY) Shares Gap Up - Still a Buy?

Mazda Motor Corporation (OTCMKTS:MZDAY - Get Free Report)'s stock price gapped up before the market opened on Friday . The stock had previously closed at $2.91, but opened at $3.05. Mazda Motor shares last traded at $3.06, with a volume of 25,953 shares traded.

Wall Street Analysts Forecast Growth

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

Mazda Motor Price Performance

The stock has a market cap of $3.85 billion, a price-to-earnings ratio of 5.26 and a beta of 0.65. The stock has a fifty 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 current ratio of 1.48 and a quick ratio of 1.04.

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, beating the consensus estimate of $0.19 by $0.08. Mazda Motor had a return on equity of 8.13% and a net margin of 2.24%. The firm had revenue of $8.72 billion during the quarter, compared to the consensus estimate of $1,304.72 billion. On average, analysts expect that Mazda Motor Corporation will post 0.66 EPS 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.

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