Nissan Motor (OTCMKTS:NSANY) Shares Gap Down – Should You Sell?

Nissan Motor Co. (OTCMKTS:NSANY)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $4.73, but opened at $4.52. Nissan Motor shares last traded at $4.61, with a volume of 7,001 shares traded.

Analysts Set New Price Targets

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

Nissan Motor Price Performance

The company has a current ratio of 1.53, a quick ratio of 1.32 and a debt-to-equity ratio of 0.82. The stock has a 50 day simple moving average of $4.78 and a 200-day simple moving average of $4.73. The firm has a market cap of $8.59 billion, a PE ratio of -1.36 and a beta of 0.48.

Nissan Motor (OTCMKTS:NSANY) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of ($0.45) by $0.52. Nissan Motor had a negative return on equity of 2.98% and a negative net margin of 7.39%.The company had revenue of $19.24 billion for the quarter, compared to analysts’ expectations of $19.43 billion. Equities analysts anticipate that Nissan Motor Co. will post 0.14 earnings per share for the current fiscal year.

About Nissan Motor

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.