Nissan Motor (OTCMKTS:NSANY) Shares Gap Down – Should You Sell?

Nissan Motor Co. (OTCMKTS:NSANY)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $5.14, but opened at $4.98. Nissan Motor shares last traded at $5.2225, with a volume of 8,694 shares trading hands.

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 report on Wednesday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Nissan Motor presently has a consensus rating of “Sell”.

Nissan Motor Trading Up 1.4%

The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.38 and a current ratio of 1.60. The firm has a market capitalization of $9.67 billion, a price-to-earnings ratio of -1.54 and a beta of 0.44. The business has a fifty day moving average price of $4.86 and a 200 day moving average price of $4.75.

Nissan Motor (OTCMKTS:NSANY) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.45) by $0.52. The firm had revenue of $19.24 billion during the quarter, compared to the consensus estimate of $19.43 billion. Nissan Motor had a negative return on equity of 3.09% and a negative net margin of 7.39%. As a group, equities analysts forecast that Nissan Motor Co. will post 0.14 earnings per share for the current 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.