Nissan Motor (OTCMKTS:NSANY) Shares Gap Up – What’s Next?

Nissan Motor Co. (OTCMKTS:NSANY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $4.73, but opened at $4.94. Nissan Motor shares last traded at $4.84, with a volume of 4,512 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Nissan Motor from a “sell” rating to a “hold” rating in a report on Wednesday, January 7th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Nissan Motor Stock Up 2.6%

The firm has a market cap of $9.02 billion, a price-to-earnings ratio of -1.43 and a beta of 0.44. The company has a quick ratio of 1.38, a current ratio of 1.60 and a debt-to-equity ratio of 1.02. The stock’s 50 day moving average is $4.99 and its 200 day moving average is $4.79.

Nissan Motor (OTCMKTS:NSANY) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.45) by $0.52. Nissan Motor had a negative return on equity of 3.09% and a negative net margin of 7.39%.The company had revenue of $19.24 billion for the quarter, compared to analysts’ expectations of $19.43 billion. Analysts forecast that Nissan Motor Co. will post 0.14 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.