Nissan Motor (OTCMKTS:NSANY) Reaches New 52-Week Low - Should You Sell?

Key Points

• Nissan Motor Co. reached a new 52-week low of $4.10 during trading, closing at $4.40 with 45,108 shares changing hands.
• Analysts recently upgraded Nissan's stock rating to a "strong sell", indicating growing concerns about the company's performance.
• Nissan reported a loss of ($0.43) EPS for the last quarter, which was below analysts' expectations of ($0.30).

Nissan Motor Co. (OTCMKTS:NSANY - Get Free Report)'s stock price hit a new 52-week low on Wednesday . The company traded as low as $4.10 and last traded at $4.40, with a volume of 45108 shares traded. The stock had previously closed at $4.35.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein upgraded shares of Nissan Motor to a "strong sell" rating in a research report on Monday, April 14th.

Nissan Motor Trading Up 1.9%

The company has a debt-to-equity ratio of 0.82, a current ratio of 1.53 and a quick ratio of 1.32. The stock's 50-day moving average is $4.68 and its two-hundred day moving average is $5.00. The stock has a market cap of $8.13 billion, a P/E ratio of -1.46 and a beta of 0.80.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported ($0.39) earnings per share for the quarter, topping analysts' consensus estimates of ($0.60) by $0.21. Nissan Motor had a negative net margin of 6.54% and a negative return on equity of 2.93%. The firm had revenue of $18.90 billion during the quarter, compared to analyst estimates of $19.54 billion. Equities research analysts anticipate that Nissan Motor Co. will post 0.14 EPS for the current year.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.