Mazda Motor (OTCMKTS:MZDAY) Stock Passes Above 50 Day Moving Average – Here’s Why

Mazda Motor Co. (OTCMKTS:MZDAY)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.30 and traded as high as $3.44. Mazda Motor shares last traded at $3.26, with a volume of 127,071 shares traded.

Mazda Motor Price Performance

The firm has a market capitalization of $4.13 billion, a PE ratio of 4.74 and a beta of 0.80. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.56 and a quick ratio of 0.98. The firm has a 50-day simple moving average of $3.30 and a 200-day simple moving average of $3.50.

Mazda Motor (OTCMKTS:MZDAY) last posted its quarterly earnings data on Friday, February 14th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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, equities analysts forecast that Mazda Motor Co. will post 0.66 earnings per share for the current 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.