Nissan Motor (OTCMKTS:NSANY) Trading 0.9% Higher - Here's What Happened

Key Points

• Nissan Motor's stock traded up 0.9% to $4.47, but experienced a 39% decline in trading volume compared to its average session.
• Analyst Sanford C. Bernstein downgraded Nissan Motor to a "strong sell" rating, indicating a negative outlook on the stock.
• In its recent quarterly earnings report, Nissan missed EPS estimates with a loss of ($0.43) and reported a revenue of $23.60 billion.

Nissan Motor Co. (OTCMKTS:NSANY - Get Free Report) traded up 0.9% during mid-day trading on Monday . The stock traded as high as $4.50 and last traded at $4.47. 166,267 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 271,292 shares. The stock had previously closed at $4.43.

Analyst Upgrades and Downgrades

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

Nissan Motor Trading Up 0.9%

The company's fifty day simple moving average is $4.72 and its two-hundred day simple moving average is $5.03. The company has a market capitalization of $8.30 billion, a price-to-earnings ratio of -1.82 and a beta of 0.77. The company has a quick ratio of 1.32, a current ratio of 1.53 and a debt-to-equity ratio of 0.82.

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