Mazda Motor (OTCMKTS:MZDAY) Shares Gap Up – Should You Buy?

Shares of Mazda Motor Corporation (OTCMKTS:MZDAY) gapped up before the market opened on Thursday . The stock had previously closed at $3.22, but opened at $3.48. Mazda Motor shares last traded at $3.4318, with a volume of 3,138 shares.

Wall Street Analysts Forecast Growth

Separately, Nomura upgraded shares of Mazda Motor to a “hold” rating in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Mazda Motor has a consensus rating of “Hold”.

Mazda Motor Stock Performance

The company has a market capitalization of $4.31 billion, a P/E ratio of 21.35 and a beta of 0.52. The company has a current ratio of 1.60, a quick ratio of 1.08 and a debt-to-equity ratio of 0.41. The company’s fifty day moving average is $3.36 and its 200 day moving average is $3.66.

Mazda Motor (OTCMKTS:MZDAY) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.42 earnings per share for the quarter. Mazda Motor had a net margin of 0.62% and a return on equity of 5.66%. The business had revenue of $9.03 billion during the quarter. Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. As a group, equities analysts anticipate that Mazda Motor Corporation will post 0.46 earnings per share for the current year.

Mazda Motor Company Profile

Mazda Motor Corporation is a Japan?based automaker best known for its range of passenger cars, sport utility vehicles, and light commercial vehicles. With a reputation for engineering innovation, Mazda produces models such as the Mazda3 compact car, the Mazda6 sedan, the popular MX-5 Miata roadster, and the CX-series SUVs. The company emphasizes driving dynamics, fuel efficiency and distinctive design in its product lineup, leveraging its proprietary SKYACTIV technology to improve engine performance, chassis rigidity and transmission efficiency.

Founded in 1920 in Hiroshima under the name Toyo Cork Kogyo Co, Ltd., Mazda has evolved from a producer of machine tools into a global automotive manufacturer.