Mazda Motor (OTCMKTS:MZDAY) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Mazda Motor Co. (OTCMKTS:MZDAYGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $3.26 and traded as low as $3.17. Mazda Motor shares last traded at $3.19, with a volume of 422,355 shares trading hands.

Mazda Motor Trading Down 5.9 %

The company has a debt-to-equity ratio of 0.30, a current ratio of 1.51 and a quick ratio of 0.89. The business’s 50 day simple moving average is $3.25 and its 200 day simple moving average is $3.76. The stock has a market cap of $4.03 billion, a P/E ratio of 4.49 and a beta of 0.80.

Mazda Motor Company Profile

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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.

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