Mazda Motor (OTCMKTS:MZDAY) Upgraded at Daiwa America

Daiwa America upgraded shares of Mazda Motor (OTCMKTS:MZDAY) to a hold rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

Mazda Motor Stock Down 8.4 %

Shares of OTCMKTS MZDAY opened at $2.61 on Wednesday. Mazda Motor has a 52-week low of $2.60 and a 52-week high of $6.12. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.98 and a current ratio of 1.56. The company’s 50 day moving average price is $3.34 and its 200-day moving average price is $3.37. The company has a market capitalization of $3.29 billion, a P/E ratio of 3.78 and a beta of 0.73.

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