Nissan Motor (OTCMKTS:NSANY) Share Price Crosses Below 50 Day Moving Average – What’s Next?

Nissan Motor Co. (OTCMKTS:NSANY) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $4.12 and traded as low as $4.00. Nissan Motor shares last traded at $4.07, with a volume of 195,252 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded Nissan Motor from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 20th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

Nissan Motor Price Performance

The company has a quick ratio of 1.33, a current ratio of 1.54 and a debt-to-equity ratio of 0.99. The stock has a market cap of $7.43 billion, a P/E ratio of -2.62, a P/E/G ratio of 1.79 and a beta of 0.61. The firm has a 50 day moving average price of $4.12 and a 200 day moving average price of $4.31.

Nissan Motor (OTCMKTS:NSANY) last released its earnings results on Monday, August 3rd. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.18. The company had revenue of $18.93 billion during the quarter, compared to analyst estimates of $18.81 billion. Nissan Motor had a negative net margin of 3.38% and a negative return on equity of 5.50%. Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS. On average, analysts forecast that Nissan Motor Co. will post 0.08 EPS for the current fiscal year.

About Nissan Motor

Nissan Motor Co, Ltd. is a Japanese automobile manufacturer headquartered in Yokohama, Japan. The company develops, manufactures and sells passenger cars, sport utility vehicles, trucks, light commercial vehicles and electric vehicles under the Nissan, Infiniti and Nismo brands. Its product portfolio includes battery-electric models such as the LEAF and Ariya, as well as vehicles using Nissan’s e-POWER hybrid technology.

Nissan serves customers in major markets across Asia, North America, Europe, Latin America, the Middle East and other regions.