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

Key Points

• Nissan shares gapped up before the open to $4.53 from a $4.21 close, last trading at $4.30 and up about 1.2% on roughly 5,942 shares traded.
• The company reported quarterly EPS of ($0.27), beating the ($0.41) estimate, with revenue of $19.52 billion slightly below expectations, though it still shows a negative ROE (-5.09%) and net margin (-7.62%).
• Analyst moves include upgrades to a Hold from Wall Street Zen and Nomura, but MarketBeat's consensus rating remains "Reduce" (one Hold, one Sell).

Nissan Motor Co. (OTCMKTS:NSANY - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $4.21, but opened at $4.53. Nissan Motor shares last traded at $4.30, with a volume of 5,942 shares traded.

Analyst Ratings Changes

A number of analysts have issued reports on NSANY shares. Wall Street Zen raised Nissan Motor from a "sell" rating to a "hold" rating in a research note on Wednesday, January 7th. Nomura raised shares of Nissan Motor to a "hold" rating in a research report on Friday, February 13th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Reduce".

Nissan Motor Trading Up 1.2%

The stock has a market cap of $7.91 billion, a PE ratio of -1.24 and a beta of 0.40. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.42 and a current ratio of 1.65. The company's 50-day moving average price is $5.10 and its 200 day moving average price is $4.95.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The company reported ($0.27) earnings per share for the quarter, topping the consensus estimate of ($0.41) by $0.14. The company had revenue of $19.52 billion during the quarter, compared to analyst estimates of $19.67 billion. Nissan Motor had a negative return on equity of 5.09% and a negative net margin of 7.62%. On average, sell-side analysts forecast that Nissan Motor Co. will post 0.14 EPS for the current fiscal year.

Nissan Motor Company Profile

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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