Mazda Motor (OTCMKTS:MZDAY) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Mazda Motor Co. (OTCMKTS:MZDAY)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $3.37 and traded as high as $3.71. Mazda Motor shares last traded at $3.52, with a volume of 98,926 shares traded.

Mazda Motor Stock Down 2.0 %

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 market capitalization of $4.44 billion, a P/E ratio of 5.10 and a beta of 0.73. The firm’s fifty day moving average price is $3.37 and its 200-day moving average price is $3.41.

Mazda Motor (OTCMKTS:MZDAY) last issued its quarterly earnings results on Friday, February 14th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.02. Mazda Motor had a return on equity of 8.67% and a net margin of 2.66%. As a group, equities research analysts forecast that Mazda Motor Co. will post 0.66 earnings per share 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.