Mazda Motor (OTCMKTS:MZDAY) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Mazda Motor Co. (OTCMKTS:MZDAY)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $3.31 and traded as high as $3.34. Mazda Motor shares last traded at $3.29, with a volume of 192,572 shares changing hands.

Mazda Motor Trading Down 1.8 %

The firm has a market cap of $4.15 billion, a price-to-earnings ratio of 4.77 and a beta of 0.80. The company has a fifty day moving average price of $3.32 and a 200-day moving average price of $3.49. The company has a current ratio of 1.56, a quick ratio of 0.98 and a debt-to-equity ratio of 0.30.

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