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

Nissan Motor Co. (OTCMKTS:NSANY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $4.18, but opened at $4.05. Nissan Motor shares last traded at $4.0540, with a volume of 13,268 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Nissan Motor from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 20th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Nissan Motor Stock Down 2.9%

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 simple moving average of $4.07 and a 200 day simple moving average of $4.45. The company has a market cap of $7.54 billion, a P/E ratio of -2.65, a P/E/G ratio of 1.82 and a beta of 0.61.

Nissan Motor (OTCMKTS:NSANY) last released its earnings results on Monday, August 3rd. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.18. The business had revenue of $18.93 billion during the quarter, compared to the consensus estimate of $18.81 billion. Nissan Motor had a negative return on equity of 5.46% and a negative net margin of 3.38%.Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS. On average, equities analysts anticipate that Nissan Motor Co. will post 0.08 EPS for the current year.

Nissan Motor Company Profile

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.