Nissan Motor (OTCMKTS:NSANY) Shares Gap Down - Should You Sell?

Key Points

• Nissan shares gapped down premarket, opening at $4.31 vs the prior close of $4.53 and last trading around $4.48, with the stock about 0.9% lower on low volume.
• Analyst sentiment has firmed to a consensus "Hold" after upgrades from Wall Street Zen and Nomura.
• Nissan beat EPS estimates for the quarter (reported ($0.27) vs. consensus ($0.41)) but missed revenue slightly ($19.52B vs. $19.67B) and still shows a negative net margin and return on equity.

Nissan Motor Co. (OTCMKTS:NSANY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $4.53, but opened at $4.31. Nissan Motor shares last traded at $4.4788, with a volume of 3,224 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Wall Street Zen upgraded Nissan Motor from a "sell" rating to a "hold" rating in a research report on Wednesday, January 7th. Nomura raised Nissan Motor to a "hold" rating in a report on Friday, February 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Nissan Motor has a consensus rating of "Hold".

Nissan Motor Trading Down 0.9%

The company has a quick ratio of 1.42, a current ratio of 1.65 and a debt-to-equity ratio of 1.06. The stock has a fifty day simple moving average of $4.64 and a 200 day simple moving average of $4.85. The firm has a market capitalization of $8.34 billion, a P/E ratio of -1.31, a PEG ratio of 0.81 and a beta of 0.49.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The company reported ($0.27) EPS for the quarter, beating analysts' consensus estimates of ($0.41) by $0.14. The business had revenue of $19.52 billion for the quarter, compared to analysts' expectations of $19.67 billion. Nissan Motor had a negative return on equity of 5.09% and a negative net margin of 7.62%. As a group, research analysts forecast that Nissan Motor Co. will post -1.61 EPS for the current 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.

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