Nissan Motor Co. (OTCMKTS:NSANY – Get Free Report)’s share price was down 4.8% during mid-day trading on Thursday . The stock traded as low as $4.16 and last traded at $4.20. Approximately 23,432 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 204,375 shares. The stock had previously closed at $4.41.
Analysts Set New Price Targets
Separately, Zacks Research downgraded shares of Nissan Motor from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.
Read Our Latest Stock Report on NSANY
Nissan Motor Trading Down 0.2%
Nissan Motor (OTCMKTS:NSANY – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.18. Nissan Motor had a negative return on equity of 5.46% and a negative net margin of 3.38%.The company had revenue of $18.93 billion for the quarter, compared to the consensus estimate of $18.81 billion. Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS. Sell-side analysts anticipate that Nissan Motor Co. will post 0.04 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.
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