Mazda Motor (OTCMKTS:MZDAY) Stock Crosses Above 50-Day Moving Average - Time to Sell?

Mazda Motor Co. (OTCMKTS:MZDAY - Get Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $2.95 and traded as high as $3.00. Mazda Motor shares last traded at $2.99, with a volume of 68,773 shares traded.

Wall Street Analyst Weigh In

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

Mazda Motor Price Performance

The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.98 and a current ratio of 1.56. The company has a market cap of $3.66 billion, a price-to-earnings ratio of 4.20 and a beta of 0.65. The stock's fifty day moving average is $2.96 and its two-hundred day moving average is $3.17.

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. The firm had revenue of $8.72 billion during the quarter, compared to analyst estimates of $1,304.72 billion. Mazda Motor had a net margin of 2.66% and a return on equity of 8.67%. Sell-side analysts predict that Mazda Motor Co. 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.