Nissan Motor (OTCMKTS:NSANY) Stock Price Down 3.6% - Should You Sell?

Key Points

• Nissan Motor's stock price decreased by 3.6% to $4.96, with trading volume dipping 98% from the average.
• Wall Street Zen downgraded Nissan's rating from "hold" to "sell", contributing to a general sentiment of caution among analysts.
• The company reported a quarterly EPS of (0.39), improving slightly from expectations but still showing a negative net margin of 6.54%.

Nissan Motor Co. (OTCMKTS:NSANY - Get Free Report)'s share price was down 3.6% on Wednesday . The stock traded as low as $4.72 and last traded at $4.96. Approximately 7,110 shares changed hands during trading, a decline of 98% from the average daily volume of 294,145 shares. The stock had previously closed at $5.14.

Analyst Ratings Changes

Separately, Wall Street Zen cut 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat, Nissan Motor currently has an average rating of "Reduce".

Nissan Motor Trading Down 3.0%

The stock has a market cap of $9.26 billion, a PE ratio of -1.66 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 company's 50-day moving average price is $4.74 and its 200 day moving average price is $4.73.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported ($0.39) EPS for the quarter, beating the consensus estimate of ($0.60) by $0.21. The firm had revenue of $18.90 billion for 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. 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. 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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