Mazda Motor (OTCMKTS:MZDAY) Sees Large Volume Increase – Still a Buy?

Shares of Mazda Motor Corporation (OTCMKTS:MZDAY) saw an uptick in trading volume on Tuesday . 144,357 shares changed hands during mid-day trading, an increase of 14% from the previous session’s volume of 126,239 shares.The stock last traded at $3.6145 and had previously closed at $3.53.

Analyst Ratings Changes

Separately, Citigroup raised shares of Mazda Motor from a “neutral” rating to a “buy” rating in a research note on Monday, September 8th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

Mazda Motor Stock Up 2.4%

The company has a debt-to-equity ratio of 0.36, a current ratio of 1.52 and a quick ratio of 1.02. The stock has a 50 day moving average price of $3.60 and a 200-day moving average price of $3.24. The stock has a market capitalization of $4.56 billion, a P/E ratio of 22.60 and a beta of 0.58.

Mazda Motor (OTCMKTS:MZDAY) last posted its quarterly earnings results on Friday, November 7th. The company reported $0.05 earnings per share (EPS) for the quarter. Mazda Motor had a return on equity of 4.61% and a net margin of 0.63%.The business had revenue of $7.72 billion for the quarter. As a group, research analysts expect that Mazda Motor Corporation will post 0.66 EPS 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.