Nissan Motor (OTCMKTS:NSANY) Raised to Hold at Wall Street Zen

Nissan Motor (OTCMKTS:NSANY) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Wednesday.

Nissan Motor Stock Performance

NSANY opened at $5.14 on Wednesday. The company has a quick ratio of 1.38, a current ratio of 1.60 and a debt-to-equity ratio of 1.02. The stock’s 50 day moving average price is $4.85 and its two-hundred day moving average price is $4.75. The firm has a market capitalization of $9.54 billion, a P/E ratio of -1.52 and a beta of 0.44. Nissan Motor has a 12-month low of $4.10 and a 12-month high of $6.10.

Nissan Motor (OTCMKTS:NSANY) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of ($0.45) by $0.52. The company had revenue of $19.24 billion during the quarter, compared to analyst estimates of $19.43 billion. Nissan Motor had a negative return on equity of 3.09% and a negative net margin of 7.39%. On average, equities analysts forecast that Nissan Motor will post 0.14 earnings per share 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.