Nissan Motor Co. (OTCMKTS:NSANY) Short Interest Update

Nissan Motor Co. (OTCMKTS:NSANY) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 135,024 shares, a decrease of 54.9% from the August 31st total of 299,590 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 389,410 shares, the short-interest ratio is presently 0.3 days.

Nissan Motor Trading Up 0.5%

Shares of OTCMKTS:NSANY traded up $0.02 on Wednesday, hitting $3.82. The company had a trading volume of 146,463 shares, compared to its average volume of 200,518. The firm’s 50-day simple moving average is $4.12 and its two-hundred day simple moving average is $4.26. Nissan Motor has a 1 year low of $3.72 and a 1 year high of $6.06. The company has a quick ratio of 1.33, a current ratio of 1.54 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $7.09 billion, a price-to-earnings ratio of -2.50, a P/E/G ratio of 1.70 and a beta of 0.61.

Nissan Motor (OTCMKTS:NSANY) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.18. The company had revenue of $18.93 billion for the quarter, compared to analysts’ expectations of $18.81 billion. Nissan Motor had a negative net margin of 3.38% and a negative return on equity of 5.50%. Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS. Equities analysts anticipate that Nissan Motor will post 0.08 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Nissan Motor from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 20th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. is a Japanese automobile manufacturer headquartered in Yokohama, Japan. Founded in 1933, the company develops, manufactures, and sells passenger cars, sport utility vehicles, electric vehicles, light commercial vehicles, and other automotive products under the Nissan, Infiniti, and Nismo brands.

Nissan serves customers through a global network spanning Japan, North America, Europe, China, and other international markets. Its activities include vehicle design, engineering, production, sales, distribution, and after-sales support.