Nissan Motor (OTCMKTS:NSANY) Shares Gap Down – Here’s What Happened

Nissan Motor Co. (OTCMKTS:NSANY) shares gapped down before the market opened on Monday . The stock had previously closed at $5.35, but opened at $4.98. Nissan Motor shares last traded at $5.13, with a volume of 15,334 shares.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Nissan Motor from a “sell” rating to a “hold” rating in a research note on Wednesday, January 7th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Nissan Motor Price Performance

The company has a market capitalization of $9.64 billion, a price-to-earnings ratio of -1.53 and a beta of 0.44. The business has a fifty day moving average price of $5.02 and a 200 day moving average price of $4.83. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.60 and a quick ratio of 1.38.

Nissan Motor (OTCMKTS:NSANY) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of ($0.45) by $0.52. The business had revenue of $19.24 billion during the quarter, compared to analysts’ expectations of $19.43 billion. Nissan Motor had a negative net margin of 7.39% and a negative return on equity of 3.09%. On average, research analysts expect that Nissan Motor Co. 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.