Nissan Motor (OTCMKTS:NSANY) Shares Gap Up – What’s Next?

Nissan Motor Co. (OTCMKTS:NSANY) shares gapped up before the market opened on Friday . The stock had previously closed at $4.64, but opened at $4.90. Nissan Motor shares last traded at $4.7850, with a volume of 16,446 shares changing hands.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut Nissan Motor from a “hold” rating to a “sell” rating in a report on Thursday, September 18th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Nissan Motor Price Performance

The company has a current ratio of 1.53, a quick ratio of 1.32 and a debt-to-equity ratio of 0.82. The business’s 50 day moving average price is $4.77 and its two-hundred day moving average price is $4.73. The stock has a market cap of $8.90 billion, a P/E ratio of -1.41 and a beta of 0.48.

Nissan Motor (OTCMKTS:NSANY) last issued its quarterly earnings data 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 analyst estimates of $19.43 billion. Nissan Motor had a negative net margin of 7.39% and a negative return on equity of 2.98%. As a group, sell-side analysts expect that Nissan Motor Co. will post 0.14 earnings per share for the current fiscal 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.