Mazda Motor (OTCMKTS:MZDAY) Reaches New 1-Year High – Time to Buy?

Shares of Mazda Motor Corporation (OTCMKTS:MZDAY) reached a new 52-week high during trading on Monday . The stock traded as high as $4.05 and last traded at $3.84, with a volume of 13913 shares trading hands. The stock had previously closed at $3.7750.

Analysts Set New Price Targets

Several analysts have recently issued reports on MZDAY shares. UBS Group upgraded shares of Mazda Motor from a “strong sell” rating to a “hold” rating in a research report on Friday, December 12th. Citigroup upgraded Mazda Motor from a “neutral” rating to a “buy” rating in a research report on Monday, September 8th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Mazda Motor presently has an average rating of “Hold”.

Mazda Motor Price Performance

The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.04 and a current ratio of 1.55. The company has a market capitalization of $4.83 billion, a P/E ratio of 23.96 and a beta of 0.51. The firm’s fifty day moving average is $3.61 and its 200 day moving average is $3.39.

Mazda Motor (OTCMKTS:MZDAY) last announced its quarterly earnings data on Friday, November 7th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $7.72 billion during the quarter. Mazda Motor had a net margin of 0.63% and a return on equity of 4.62%. As a group, analysts predict that Mazda Motor Corporation will post 0.66 earnings per share for the current fiscal 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.