Nissan Motor (OTCMKTS:NSANY – Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.18, Zacks reports. Nissan Motor had a negative return on equity of 7.53% and a negative net margin of 4.41%.
Nissan Motor Stock Performance
Shares of Nissan Motor stock opened at $4.24 on Monday. The stock has a market capitalization of $7.87 billion, a price-to-earnings ratio of -2.12, a PEG ratio of 3.98 and a beta of 0.60. Nissan Motor has a 12 month low of $3.72 and a 12 month high of $6.06. The firm’s fifty day simple moving average is $4.18 and its 200-day simple moving average is $4.59. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.56 and a quick ratio of 1.36.
Analysts Set New Price Targets
Separately, Zacks Research downgraded Nissan Motor from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Nissan Motor presently has an average rating of “Reduce”.
About Nissan Motor
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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