Mazda Motor (OTCMKTS:MZDAY) Shares Gap Down – What’s Next?

Shares of Mazda Motor Corporation (OTCMKTS:MZDAY) gapped down before the market opened on Monday . The stock had previously closed at $3.7299, but opened at $3.54. Mazda Motor shares last traded at $3.63, with a volume of 1,429 shares.

Analysts Set New Price Targets

Separately, Zacks Research lowered shares of Mazda Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 1st. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, Mazda Motor has an average rating of “Hold”.

Mazda Motor Stock Performance

The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.01 and a current ratio of 1.47. The business has a 50 day moving average price of $3.62 and a two-hundred day moving average price of $3.47. The company has a market cap of $4.60 billion, a P/E ratio of 6.76 and a beta of 0.56.

Mazda Motor (OTCMKTS:MZDAY) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $8.07 billion for the quarter. Mazda Motor had a return on equity of 9.13% and a net margin of 2.06%.Mazda Motor has set its FY 2027 guidance at 0.460-0.460 EPS. On average, sell-side analysts anticipate that Mazda Motor Corporation will post 0.5 earnings per share for the current year.

About Mazda Motor

Mazda Motor Corporation is a Japanese automobile manufacturer headquartered in Fuchu, Hiroshima Prefecture. The company designs, develops, manufactures and sells passenger vehicles, sport utility vehicles and related automotive products under the Mazda brand.

Mazda’s vehicle lineup includes compact cars, sedans, crossovers and SUVs, as well as selected commercial vehicles in certain markets. The company is known for its driver-focused vehicle designs and for developing technologies such as SKYACTIV engines, transmissions and vehicle platforms.