Nissan Motor (OTCMKTS:NSANY) Shares Gap Down – Time to Sell?

Nissan Motor Co. (OTCMKTS:NSANY) shares gapped down before the market opened on Friday . The stock had previously closed at $4.92, but opened at $4.78. Nissan Motor shares last traded at $4.97, with a volume of 17,361 shares traded.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut Nissan Motor from a “hold” rating to a “sell” rating in a research note on Thursday, September 18th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Nissan Motor Price Performance

The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.38 and a current ratio of 1.60. The firm has a market cap of $9.25 billion, a PE ratio of -1.47 and a beta of 0.44. The stock has a 50 day simple moving average of $4.84 and a two-hundred day simple moving average of $4.74.

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