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

Nissan Motor Co. (OTCMKTS:NSANY) gapped down prior to trading on Friday. The stock had previously closed at $3.9750, but opened at $3.85. Nissan Motor shares last traded at $3.87, with a volume of 13,598 shares traded.

Analysts Set New Price Targets

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

Nissan Motor Price Performance

The firm has a fifty day moving average price of $4.13 and a two-hundred day moving average price of $4.28. The stock has a market capitalization of $7.18 billion, a P/E ratio of -2.53, a PEG ratio of 1.77 and a beta of 0.61. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.33 and a current ratio of 1.54.

Nissan Motor (OTCMKTS:NSANY) last released its quarterly earnings results on Monday, August 3rd. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.18. Nissan Motor had a negative return on equity of 5.50% and a negative net margin of 3.38%.The business had revenue of $18.93 billion during the quarter, compared to the consensus estimate of $18.81 billion. Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS. As a group, analysts expect 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.