Nissan Motor (OTCMKTS:NSANY) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Shares of Nissan Motor Co., Ltd. (OTCMKTS:NSANY) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.63 and traded as high as $5.96. Nissan Motor shares last traded at $5.95, with a volume of 182,015 shares.

Analyst Upgrades and Downgrades

Separately, Nomura lowered shares of Nissan Motor from a “buy” rating to a “neutral” rating in a report on Wednesday, November 27th.

Nissan Motor Price Performance

The company’s fifty day moving average price is $5.63 and its 200 day moving average price is $5.53. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.48 and a current ratio of 1.79. The firm has a market capitalization of $11.05 billion, a price-to-earnings ratio of 15.66 and a beta of 0.82.

Nissan Motor (OTCMKTS:NSANY) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.13. Nissan Motor had a net margin of 0.85% and a return on equity of 2.74%. The business had revenue of $20.74 billion during the quarter, compared to analyst estimates of $19.51 billion. Equities research analysts expect that Nissan Motor Co., Ltd. will post 0.14 earnings per share for the current year.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.