Nissan Motor Co. (NSANY) Rating Lowered to Strong Sell at Zacks Investment Research
Nissan Motor Co. (OTCMKTS:NSANY) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a research note issued on Wednesday.
According to Zacks, “Nissan Motor Company, Ltd. manufactures and markets motor vehicles and parts. In North America, Nissan’s operations include styling, engineering, manufacturing, sales, customer and corporate finance and industrial and textile equipment. Nissan in North America employs more than 20,000 people in the United States, Canada and Mexico and generates nearly 75,000 jobs through its 1,500 Nissan and Infinity dealerships across the continent. “
Separately, JPMorgan Chase & Co. downgraded Nissan Motor from an “overweight” rating to a “neutral” rating in a report on Tuesday, August 16th.
Nissan Motor (OTCMKTS:NSANY) opened at 19.22 on Wednesday. The firm has a market capitalization of $39.13 billion, a PE ratio of 8.20 and a beta of 0.91. Nissan Motor has a 1-year low of $16.57 and a 1-year high of $21.92. The firm has a 50-day moving average price of $19.70 and a 200-day moving average price of $19.14.
About Nissan Motor
Nissan Motor Co, Ltd. is engaged in manufacturing, sales and related business of automotive products and marine equipment. The Company’s segments include Automobile and Sales Financing. The Company’s Automobile segment includes passenger cars, commercial vehicles and manufacturing parts for overseas production.
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