Nissan Motor (OTCMKTS:NSANY) Posts Earnings Results

Nissan Motor (OTCMKTS:NSANY) released its earnings results on Thursday. The company reported ($0.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.41) by $0.14, Zacks reports. Nissan Motor had a negative net margin of 7.39% and a negative return on equity of 3.09%. The firm had revenue of $19.52 billion during the quarter, compared to analyst estimates of $19.67 billion.

Nissan Motor Stock Performance

Shares of NSANY stock traded up $0.31 during mid-day trading on Friday, reaching $5.79. 197,305 shares of the company’s stock traded hands, compared to its average volume of 140,617. The firm has a market capitalization of $10.74 billion, a PE ratio of -1.71 and a beta of 0.44. 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 50 day moving average price of $5.06 and a two-hundred day moving average price of $4.85. Nissan Motor has a 12 month low of $4.10 and a 12 month high of $6.10.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Nissan Motor from a “sell” rating to a “hold” rating in a research report on Wednesday, January 7th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Nissan Motor currently has a consensus rating of “Sell”.

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.