Mazda Motor (OTCMKTS:MZDAY) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Mazda Motor Co. (OTCMKTS:MZDAY) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.30 and traded as high as $3.44. Mazda Motor shares last traded at $3.26, with a volume of 127,071 shares traded.

Mazda Motor Trading Down 0.6 %

The stock has a market capitalization of $4.11 billion, a P/E ratio of 4.00 and a beta of 0.80. The stock’s 50 day moving average price is $3.30 and its 200-day moving average price is $3.51. The company has a quick ratio of 0.98, a current ratio of 1.51 and a debt-to-equity ratio of 0.30.

Mazda Motor (OTCMKTS:MZDAY) last announced its earnings results on Friday, February 14th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.02. Mazda Motor had a return on equity of 8.71% and a net margin of 2.66%. As a group, equities research analysts expect that Mazda Motor Co. will post 0.66 earnings per share for the current 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.