Nissan Motor (OTCMKTS:NSANY) Shares Gap Down – Here’s What Happened

by · The Markets Daily

Nissan Motor Co. (OTCMKTS:NSANY – Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $5.1050, but opened at $4.95. Nissan Motor shares last traded at $5.0725, with a volume of 15,712 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered shares of Nissan Motor from a “hold” rating to a “sell” rating in a report on Thursday, September 18th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on NSANY

Nissan Motor Trading Down 0.3%

The firm has a market cap of $9.45 billion, a PE ratio of -1.50 and a beta of 0.48. The company has a current ratio of 1.60, a quick ratio of 1.38 and a debt-to-equity ratio of 1.02. The business has a fifty day moving average price of $4.79 and a 200 day moving average price of $4.74.

Nissan Motor (OTCMKTS:NSANY – Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.45) by $0.52. The firm had revenue of $19.24 billion for the quarter, compared to the consensus estimate of $19.43 billion. Nissan Motor had a negative return on equity of 3.09% and a negative net margin of 7.39%. Analysts forecast that Nissan Motor Co. will post 0.14 EPS for the current year.

About Nissan Motor

(Get Free Report)

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.

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