MAZDA Mtr Corp/ADR (MZDAY) Upgraded to Sell by ValuEngine

MAZDA Mtr Corp/ADR (OTCMKTS:MZDAY) was upgraded by investment analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research note issued to investors on Tuesday.

Several other research analysts have also recently issued reports on MZDAY. JPMorgan Chase & Co. cut MAZDA Mtr Corp/ADR from a “neutral” rating to a “sell” rating in a research report on Thursday, August 23rd. Zacks Investment Research cut MAZDA Mtr Corp/ADR from a “hold” rating to a “sell” rating in a research report on Wednesday, July 11th.

Shares of OTCMKTS MZDAY traded up $0.05 during mid-day trading on Tuesday, hitting $5.39. 101,618 shares of the company were exchanged, compared to its average volume of 59,580. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 1.06. MAZDA Mtr Corp/ADR has a 1-year low of $5.04 and a 1-year high of $7.26. The company has a market cap of $6.35 billion, a PE ratio of 5.73, a P/E/G ratio of 0.99 and a beta of 0.55.

MAZDA Mtr Corp/ADR (OTCMKTS:MZDAY) last issued its quarterly earnings results on Wednesday, October 31st. The company reported $0.07 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.05. MAZDA Mtr Corp/ADR had a return on equity of 6.78% and a net margin of 2.07%. The firm had revenue of $7.68 billion during the quarter, compared to the consensus estimate of $7.38 billion. Analysts anticipate that MAZDA Mtr Corp/ADR will post 0.5 earnings per share for the current fiscal year.

About MAZDA Mtr Corp/ADR

Mazda Motor Corporation manufactures and sells passenger cars and commercial vehicles in Japan, North America, Europe, China, and internationally. Its principal products include four-wheeled vehicles, gasoline reciprocating engines, diesel engines, and automatic and manual transmissions for vehicles.

Read More: Analyzing a company’s cash flow statement

To view ValuEngine’s full report, visit ValuEngine’s official website.

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