Nissan Motor (OTCMKTS:NSANY) Upgraded by Wall Street Zen to Hold Rating

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

Nissan Motor Stock Down 1.2%

NSANY stock traded down $0.06 during trading on Wednesday, hitting $5.01. 101,761 shares of the company’s stock were exchanged, compared to its average volume of 109,303. The business has a 50-day moving average price of $4.84 and a two-hundred day moving average price of $4.74. Nissan Motor has a 52-week low of $4.10 and a 52-week high of $6.10. The company has a current ratio of 1.60, a quick ratio of 1.38 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $9.30 billion, a price-to-earnings ratio of -1.48 and a beta of 0.44.

Nissan Motor (OTCMKTS:NSANY) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of ($0.45) by $0.52. The company had revenue of $19.24 billion for the quarter, compared to analyst estimates of $19.43 billion. Nissan Motor had a negative net margin of 7.39% and a negative return on equity of 3.09%. As a group, equities research analysts expect that Nissan Motor will post 0.14 EPS for the current year.

About Nissan Motor

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.