Nissan Motor (OTCMKTS:NSANY) Shares Up 4.3% – Here’s Why

Shares of Nissan Motor Co. (OTCMKTS:NSANY) rose 4.3% during trading on Monday . The stock traded as high as $5.27 and last traded at $5.2580. Approximately 66,772 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 267,568 shares. The stock had previously closed at $5.04.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of Nissan Motor from a “hold” rating to a “sell” rating in a research report on Thursday, September 18th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Nissan Motor Price Performance

The company has a debt-to-equity ratio of 1.02, a current ratio of 1.60 and a quick ratio of 1.38. The firm’s 50-day moving average is $4.78 and its two-hundred day moving average is $4.73. The company has a market cap of $9.73 billion, a P/E ratio of -1.55 and a beta of 0.48.

Nissan Motor (OTCMKTS:NSANY) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of ($0.45) by $0.52. The company had revenue of $19.24 billion for the quarter, compared to analysts’ expectations of $19.43 billion. Nissan Motor had a negative return on equity of 3.09% and a negative net margin of 7.39%. Analysts anticipate that Nissan Motor Co. 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.