Nissan Motor (OTCMKTS:NSANY) Shares Gap Down – Time to Sell?

Nissan Motor Co. (OTCMKTS:NSANY) gapped down before the market opened on Wednesday . The stock had previously closed at $5.25, but opened at $4.95. Nissan Motor shares last traded at $4.8650, with a volume of 16,732 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have recently commented on NSANY. Wall Street Zen raised Nissan Motor from a “sell” rating to a “hold” rating in a research note on Wednesday, January 7th. Nomura raised shares of Nissan Motor to a “hold” rating in a report on Friday, February 13th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Nissan Motor Price Performance

The firm has a 50-day moving average of $5.19 and a 200-day moving average of $4.95. The stock has a market cap of $8.67 billion, a PE ratio of -1.36 and a beta of 0.40. 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 announced its quarterly earnings data on Thursday, February 12th. The company reported ($0.27) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.14. Nissan Motor had a negative net margin of 7.62% and a negative return on equity of 5.05%. The business had revenue of $19.52 billion during the quarter, compared to analyst estimates of $19.67 billion. Research analysts predict that Nissan Motor Co. will post 0.14 EPS for the current year.

Nissan Motor Company Profile

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.