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Mazda Motor (OTCMKTS:MZDAY) Stock Crosses Above Fifty Day Moving Average - Here's Why

Mazda Motor logo with Auto/Tires/Trucks background
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Shares of Mazda Motor Co. (OTCMKTS:MZDAY - Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.33 and traded as high as $3.55. Mazda Motor shares last traded at $3.54, with a volume of 204,397 shares trading hands.

Mazda Motor Stock Performance

The stock's 50 day moving average price is $3.35 and its 200 day moving average price is $3.42. The company has a current ratio of 1.56, a quick ratio of 0.98 and a debt-to-equity ratio of 0.30. The firm has a market cap of $4.46 billion, a PE ratio of 5.12 and a beta of 0.73.

Mazda Motor (OTCMKTS:MZDAY - Get Free Report) last released its quarterly earnings results on Friday, February 14th. The company reported $0.30 earnings per share (EPS) 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 analysts forecast that Mazda Motor Co. will post 0.66 earnings per share for the current fiscal year.

Mazda Motor Company Profile

(Get Free Report)

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.

Further Reading

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