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

Nissan Motor logo with Auto/Tires/Trucks background

Nissan Motor Co. (OTCMKTS:NSANY - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $4.22, but opened at $4.52. Nissan Motor shares last traded at $4.57, with a volume of 67,648 shares.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein raised Nissan Motor to a "strong sell" rating in a research report on Monday, April 14th.

View Our Latest Stock Analysis on NSANY

Nissan Motor Stock Down 2.9%

The firm has a market capitalization of $8.22 billion, a PE ratio of -1.81 and a beta of 0.77. The company has a fifty day simple moving average of $4.74 and a two-hundred day simple moving average of $5.06. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.32 and a current ratio of 1.53.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last issued its earnings results on Tuesday, May 13th. The company reported ($0.43) earnings per share for the quarter, missing the consensus estimate of ($0.30) by ($0.13). Nissan Motor had a negative return on equity of 0.77% and a negative net margin of 5.31%. The firm had revenue of $23.60 billion during the quarter, compared to analysts' expectations of $3,442.91 billion. Analysts forecast that Nissan Motor Co. will post 0.14 EPS for the current fiscal year.

Nissan Motor Company Profile

(Get Free Report)

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.

Further Reading

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