Shares of Nissan Motor Co. (OTCMKTS:NSANY – Get Free Report) reached a new 52-week low during mid-day trading on Thursday following a dissappointing earnings announcement. The stock traded as low as $3.35 and last traded at $3.35, with a volume of 352,007 shares changing hands. The stock had previously closed at $3.49.
The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.12). Nissan Motor had a negative net margin of 3.38% and a negative return on equity of 5.50%. The firm had revenue of $19.44 billion for the quarter, compared to analysts’ expectations of $19.52 billion. Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of Nissan Motor from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 20th. Two investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
Read Our Latest Research Report on NSANY
Nissan Motor Stock Down 4.0%
The stock has a market capitalization of $6.22 billion, a price-to-earnings ratio of -2.19, a price-to-earnings-growth ratio of 3.36 and a beta of 0.63. 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 firm has a 50-day moving average of $3.72 and a two-hundred day moving average of $4.30.
About Nissan Motor
Nissan Motor Co. is a Japanese automaker that designs, manufactures and sells passenger cars, sport utility vehicles, pickup trucks and electric vehicles. Its vehicle brands include Nissan and Infiniti, and the company also provides automotive parts and related services. Founded in 1933 and headquartered in Yokohama, Japan, Nissan serves customers in markets around the world. Its business also includes automotive financing and other mobility-related services.
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