Mazda Motor (OTCMKTS:MZDAY) Rating Increased to Hold at Daiwa America

Mazda Motor (OTCMKTS:MZDAY - Get Free Report) was upgraded by stock analysts at Daiwa America to a "hold" rating in a research report issued on Wednesday, April 2nd,Zacks.com reports.

Mazda Motor Stock Up 12.5 %

Shares of MZDAY stock traded up $0.33 during trading hours on Wednesday, hitting $2.96. 470,125 shares of the company's stock traded hands, compared to its average volume of 174,881. The company has a quick ratio of 0.98, a current ratio of 1.56 and a debt-to-equity ratio of 0.30. The stock's fifty day simple moving average is $3.29 and its two-hundred day simple moving average is $3.34. Mazda Motor has a 12-month low of $2.44 and a 12-month high of $5.98. The stock has a market cap of $3.73 billion, a price-to-earnings ratio of 4.29 and a beta of 0.63.

Mazda Motor (OTCMKTS:MZDAY - Get Free Report) last released its earnings results on Friday, February 14th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.28 by $0.02. Mazda Motor had a return on equity of 8.67% and a net margin of 2.66%. On average, analysts expect that Mazda Motor will post 0.66 EPS for the current year.

About Mazda Motor

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.