Nissan Motor (OTCMKTS:NSANY) Shares Gap Down - Here's Why

Shares of Nissan Motor Co. (OTCMKTS:NSANY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $5.03, but opened at $4.78. Nissan Motor shares last traded at $4.66, with a volume of 25,761 shares traded.

Wall Street Analysts Forecast Growth

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

Nissan Motor Stock Performance

The firm's fifty day moving average is $4.86 and its 200-day moving average is $5.22. The company has a current ratio of 1.53, a quick ratio of 1.32 and a debt-to-equity ratio of 0.82.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last announced its quarterly earnings results on Tuesday, May 13th. The company reported ($0.43) EPS for the quarter, missing analysts' consensus estimates of ($0.30) by ($0.13). The firm had revenue of $23.60 billion during the quarter, compared to the consensus estimate of $3,442.91 billion. Nissan Motor had a negative net margin of 5.31% and a negative return on equity of 0.77%. Equities research analysts forecast 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.