Nissan Motor (OTCMKTS:NSANY) Cut to Strong Sell at Zacks Research

Zacks Research lowered shares of Nissan Motor (OTCMKTS:NSANYFree Report) from a hold rating to a strong sell rating in a research note issued to investors on Tuesday,Zacks.com reports.

Nissan Motor Stock Performance

Shares of NSANY opened at $4.03 on Tuesday. Nissan Motor has a 12-month low of $3.72 and a 12-month high of $6.06. The stock has a market cap of $7.48 billion, a P/E ratio of -2.02, a PEG ratio of 2.28 and a beta of 0.63. The company has a current ratio of 1.56, a quick ratio of 1.36 and a debt-to-equity ratio of 1.01. The company has a 50-day moving average of $4.23 and a two-hundred day moving average of $4.62.

About Nissan Motor

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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.

Further Reading

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