Mazda Motor (OTCMKTS:MZDAY) Raised to “Hold” at Daiwa America

Mazda Motor (OTCMKTS:MZDAY) was upgraded by analysts at Daiwa America to a “hold” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Mazda Motor Price Performance

Shares of OTCMKTS MZDAY opened at $2.61 on Wednesday. The stock’s 50-day simple moving average is $3.34 and its 200-day simple moving average is $3.37. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.98 and a current ratio of 1.56. The firm has a market capitalization of $3.29 billion, a PE ratio of 3.78 and a beta of 0.73. Mazda Motor has a fifty-two week low of $2.60 and a fifty-two week high of $6.12.

Mazda Motor (OTCMKTS:MZDAY) last issued its quarterly earnings data on Friday, February 14th. The company reported $0.30 earnings per share for the quarter, topping 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, equities research analysts forecast that Mazda Motor 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.