Nissan Motor (OTCMKTS:NSANY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Nissan Motor (OTCMKTS:NSANY) from a strong sell rating to a hold rating in a research note published on Thursday,Zacks.com reports.

Nissan Motor Price Performance

NSANY stock opened at $4.26 on Thursday. The stock has a 50-day moving average price of $4.09 and a two-hundred day moving average price of $4.50. The stock has a market cap of $7.91 billion, a PE ratio of -2.78, a price-to-earnings-growth ratio of 1.86 and a beta of 0.60. The company has a current ratio of 1.56, a quick ratio of 1.36 and a debt-to-equity ratio of 1.01. Nissan Motor has a 1 year low of $3.72 and a 1 year high of $6.06.

Nissan Motor (OTCMKTS:NSANY) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.18. The company had revenue of $18.93 billion for the quarter, compared to analyst estimates of $18.81 billion. Nissan Motor had a negative return on equity of 5.46% and a negative net margin of 3.38%.Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS. Equities analysts forecast that Nissan Motor will post 0.08 EPS for the current fiscal 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.