Nissan Motor (OTCMKTS:NSANY) Shares Gap Up – Here’s What Happened

Nissan Motor Co. (OTCMKTS:NSANY)’s share price gapped up prior to trading on Friday . The stock had previously closed at $3.97, but opened at $4.10. Nissan Motor shares last traded at $4.0750, with a volume of 7,011 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Nissan Motor from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 20th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Nissan Motor currently has a consensus rating of “Hold”.

Nissan Motor Stock Up 2.5%

The business has a fifty day moving average of $4.07 and a 200 day moving average of $4.47. The company has a market capitalization of $7.56 billion, a PE ratio of -2.66, a PEG ratio of 1.76 and a beta of 0.60. The company has a current ratio of 1.56, a quick ratio of 1.36 and a debt-to-equity ratio of 1.01.

Nissan Motor (OTCMKTS:NSANY) last released its earnings results on Monday, August 3rd. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.14) by $0.18. The company had revenue of $18.93 billion during the quarter, compared to the consensus estimate of $18.81 billion. Nissan Motor had a negative return on equity of 5.46% and a negative net margin of 3.38%.Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS. Equities research analysts anticipate that Nissan Motor Co. will post 0.08 EPS for the current year.

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.