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

Key Points

• Nissan Motor's shares experienced a significant decline, opening at $4.68 after closing at $4.97.
• Wall Street Zen downgraded Nissan's rating from "hold" to "sell", reflecting a generally negative outlook with a consensus rating of "Reduce".
• In its latest earnings report, Nissan reported a loss of ($0.39) per share, which was better than analysts' expectations, but its revenue fell short of estimates.

Nissan Motor Co. (OTCMKTS:NSANY - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $4.97, but opened at $4.68. Nissan Motor shares last traded at $4.83, with a volume of 4,701 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered Nissan Motor from a "hold" rating to a "sell" rating in a research report on Thursday, September 18th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Reduce".

Nissan Motor Price Performance

The company has a market capitalization of $9.12 billion, a price-to-earnings ratio of -1.63 and a beta of 0.71. 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 business has a 50 day moving average price of $4.75 and a 200-day moving average price of $4.73.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last posted its quarterly 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 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 the consensus estimate of $19.54 billion. Nissan Motor has set its FY 2025 guidance at EPS. Research analysts predict that Nissan Motor Co. will post 0.14 EPS for the current fiscal 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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