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

Nissan Motor Co. (OTCMKTS:NSANY)’s share price gapped up before the market opened on Monday . The stock had previously closed at $4.21, but opened at $4.53. Nissan Motor shares last traded at $4.30, with a volume of 5,942 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Nomura raised shares of Nissan Motor to a “hold” rating in a research note on Friday, February 13th. Wall Street Zen upgraded shares of Nissan Motor from a “sell” rating to a “hold” rating in a research report on Wednesday, January 7th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Nissan Motor Stock Up 0.2%

The company has a market cap of $7.91 billion, a PE ratio of -1.24 and a beta of 0.40. The company’s 50 day moving average is $5.06 and its 200 day moving average is $4.94. The company has a current ratio of 1.65, a quick ratio of 1.42 and a debt-to-equity ratio of 1.06.

Nissan Motor (OTCMKTS:NSANY) last released its quarterly earnings data on Thursday, February 12th. The company reported ($0.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.41) by $0.14. The company had revenue of $19.52 billion during the quarter, compared to analysts’ expectations of $19.67 billion. Nissan Motor had a negative net margin of 7.62% and a negative return on equity of 5.09%. As a group, analysts predict that Nissan Motor Co. will post 0.14 earnings per share for the current fiscal 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.