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

Key Points

• Nissan Motor's shares gapped down from a previous close of $4.68 to an opening price of $4.40, with a current consensus rating of "Reduce" from analysts.
• Wall Street Zen downgraded Nissan's stock from a "hold" rating to a "sell" rating, indicating a negative outlook for the company amid financial struggles.
• The company reported a loss of ($0.39) earnings per share, surpassing analysts' expectations but still generated lower revenue than forecasted at $18.90 billion.

Shares of Nissan Motor Co. (OTCMKTS:NSANY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $4.68, but opened at $4.40. Nissan Motor shares last traded at $4.68, with a volume of 7,002 shares changing hands.

Analysts Set New Price Targets

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

Nissan Motor Stock Down 0.2%

The firm's fifty day moving average price is $4.78 and its two-hundred day moving average price is $4.71. 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 has a market cap of $8.67 billion, a price-to-earnings ratio of -1.55 and a beta of 0.71.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported ($0.39) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.60) by $0.21. The firm had revenue of $18.90 billion during the quarter, compared to analyst estimates of $19.54 billion. Nissan Motor had a negative net margin of 6.54% and a negative return on equity of 2.93%. Nissan Motor has set its FY 2025 guidance at EPS. Sell-side analysts forecast that Nissan Motor Co. will post 0.14 earnings per share for the current fiscal year.

About Nissan Motor

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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