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Mazda Motor (OTCMKTS:MZDAY) Shares Pass Below 50 Day Moving Average - Should You Sell?

Mazda Motor logo with Auto/Tires/Trucks background

Mazda Motor Co. (OTCMKTS:MZDAY - Get Free Report) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $3.04 and traded as low as $2.92. Mazda Motor shares last traded at $2.95, with a volume of 71,025 shares.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Daiwa America upgraded shares of 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 research note on Monday, April 14th.

Check Out Our Latest Analysis on Mazda Motor

Mazda Motor Price Performance

The stock has a market capitalization of $3.72 billion, a P/E ratio of 4.28 and a beta of 0.68. The company has a 50 day moving average of $3.04 and a 200-day moving average of $3.20. The company has a quick ratio of 0.98, a current ratio of 1.56 and a debt-to-equity ratio of 0.30.

Mazda Motor (OTCMKTS:MZDAY - Get Free Report) last posted 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 for the quarter, compared to the consensus estimate 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 EPS for the current year.

Mazda Motor Company Profile

(Get Free Report)

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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