Nissan Motor (OTCMKTS:NSANY) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Nissan Motor (OTCMKTS:NSANY) from a sell rating to a hold rating in a report published on Wednesday morning.

Nissan Motor Stock Performance

Shares of NSANY stock opened at $5.21 on Wednesday. The stock has a fifty day moving average price of $4.86 and a 200 day moving average price of $4.75. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.38 and a current ratio of 1.60. The stock has a market cap of $9.67 billion, a PE ratio of -1.54 and a beta of 0.44. Nissan Motor has a 1 year low of $4.10 and a 1 year high of $6.10.

Nissan Motor (OTCMKTS:NSANY) last posted its earnings results on Thursday, November 6th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of ($0.45) by $0.52. The company had revenue of $19.24 billion for the quarter, compared to analyst estimates of $19.43 billion. Nissan Motor had a negative return on equity of 3.09% and a negative net margin of 7.39%. Sell-side analysts forecast that Nissan Motor will post 0.14 earnings per share for the current fiscal year.

About Nissan Motor

Nissan Motor Co, Ltd. is a global automotive manufacturer headquartered in Yokohama, Japan, known for the design, development, production and sale of a wide range of vehicles. The company’s core business includes passenger cars, crossovers, trucks and commercial vehicles, as well as luxury models sold under its Infiniti brand. Nissan is also a pioneer in electric vehicle technology, having introduced its flagship EV model, the Leaf, which has become one of the world’s best-selling electric cars.

In addition to conventional internal combustion engines, Nissan has invested heavily in hybrid and battery-electric powertrains, advanced driver-assistance systems and connected-car technologies.