Mazda Motor (OTCMKTS:MZDAY) Shares Cross Above 50-Day Moving Average – Here’s Why

Mazda Motor Co. (OTCMKTS:MZDAYGet Free Report)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $3.25 and traded as high as $3.36. Mazda Motor shares last traded at $3.31, with a volume of 182,854 shares.

Mazda Motor Trading Up 3.4 %

The company has a quick ratio of 0.98, a current ratio of 1.51 and a debt-to-equity ratio of 0.30. The firm has a 50 day moving average of $3.25 and a 200 day moving average of $3.58. The firm has a market cap of $4.17 billion, a PE ratio of 4.66 and a beta of 0.80.

Mazda Motor (OTCMKTS:MZDAYGet Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported ($0.07) earnings per share for the quarter. Mazda Motor had a return on equity of 9.04% and a net margin of 2.74%. The firm had revenue of $7.99 billion for the quarter. Equities analysts anticipate that Mazda Motor Co. will post 0.66 earnings per share for the current year.

Mazda Motor Company Profile

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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.

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