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

Nissan Motor Co. (OTCMKTS:NSANY) shares gapped down prior to trading on Wednesday . The stock had previously closed at $4.78, but opened at $4.52. Nissan Motor shares last traded at $4.79, with a volume of 8,183 shares traded.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Nissan Motor from a “hold” rating to a “sell” rating in a research report on Thursday, September 18th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

Nissan Motor Price Performance

The company has a quick ratio of 1.32, a current ratio of 1.53 and a debt-to-equity ratio of 0.82. The business has a fifty day moving average of $4.84 and a 200 day moving average of $4.74. The firm has a market cap of $9.19 billion, a P/E ratio of -1.64 and a beta of 0.72.

Nissan Motor (OTCMKTS:NSANY) last posted its earnings results on Thursday, November 6th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.45) by $0.52. The company 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 6.54% and a negative return on equity of 2.93%. Nissan Motor has set its FY 2025 guidance at EPS. On average, sell-side analysts anticipate that Nissan Motor Co. will post 0.14 earnings per share for the current year.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.