Nissan Motor (OTCMKTS:NSANY) Shares Gap Down - What's Next?

Key Points

• Nissan Motor shares gapped down from $4.89 to $4.73 at market open, with a recent trading price of $4.89.
• Wall Street Zen downgraded Nissan from a "hold" rating to a "sell" rating, bringing the average analyst rating to "Reduce."
• The company reported a quarterly earnings loss of ($0.39) per share, exceeding expectations, but revenue of $18.90 billion fell short of the $19.54 billion estimate.

Nissan Motor Co. (OTCMKTS:NSANY - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $4.89, but opened at $4.73. Nissan Motor shares last traded at $4.89, with a volume of 2,476 shares changing hands.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded Nissan Motor from a "hold" rating to a "sell" rating in a report on Thursday, September 18th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Reduce".

Nissan Motor Price Performance

The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.32 and a current ratio of 1.53. The company has a market cap of $9.03 billion, a price-to-earnings ratio of -1.62 and a beta of 0.74. The business has a fifty day moving average price of $4.68 and a 200 day moving average price of $4.76.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last issued its quarterly earnings data 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 return on equity of 2.93% and a negative net margin of 6.54%.The business had revenue of $18.90 billion for the quarter, compared to analyst estimates of $19.54 billion. Nissan Motor has set its FY 2025 guidance at EPS. As a group, research analysts anticipate that Nissan Motor Co. will post 0.14 earnings per share 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.

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