Mazda Motor (OTCMKTS:MZDAY) Rating Increased to Hold at Daiwa America

Mazda Motor (OTCMKTS:MZDAY) was upgraded by research analysts at Daiwa America to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.

Mazda Motor Trading Down 8.4 %

OTCMKTS:MZDAY opened at $2.61 on Wednesday. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of 3.78 and a beta of 0.73. Mazda Motor has a one year low of $2.60 and a one year high of $6.12. 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 business’s 50-day simple moving average is $3.34 and its 200 day simple moving average is $3.37.

Mazda Motor (OTCMKTS:MZDAY) last released its earnings results on Friday, February 14th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.28 by $0.02. Mazda Motor had a return on equity of 8.67% and a net margin of 2.66%. As a group, sell-side analysts predict that Mazda Motor will post 0.66 earnings per share 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.