Mazda Motor (OTCMKTS:MZDAY) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Mazda Motor Corporation (OTCMKTS:MZDAY) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $3.50 and traded as high as $3.7260. Mazda Motor shares last traded at $3.72, with a volume of 58,134 shares changing hands.

Analyst Ratings Changes

MZDAY has been the topic of a number of analyst reports. Nomura upgraded Mazda Motor to a “hold” rating in a research note on Thursday, April 30th. Zacks Research raised Mazda Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Mazda Motor currently has a consensus rating of “Moderate Buy”.

Mazda Motor Stock Performance

The company has a current ratio of 1.52, a quick ratio of 1.09 and a debt-to-equity ratio of 0.39. The stock has a market cap of $4.69 billion, a price-to-earnings ratio of 6.89 and a beta of 0.54. The stock’s 50 day moving average is $3.50 and its two-hundred day moving average is $3.55.

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

Institutional Trading of Mazda Motor

An institutional investor recently bought a new stake in Mazda Motor stock. Kirtland Hills Capital Management LLC bought a new position in shares of Mazda Motor Corporation (OTCMKTS:MZDAY) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,765 shares of the company’s stock, valued at approximately $400,000.

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.