Nissan Motor (OTCMKTS:NSANY) Downgraded by Bank of America

Bank of America cut shares of Nissan Motor (OTCMKTS:NSANY) from a buy rating to an underperform rating in a research report released on Tuesday, Marketbeat.com reports.

Nissan Motor Trading Up 2.2 %

OTCMKTS NSANY opened at $5.70 on Tuesday. The stock has a market capitalization of $11.14 billion, a price-to-earnings ratio of 3.73, a PEG ratio of 0.19 and a beta of 1.01. Nissan Motor has a 52 week low of $5.45 and a 52 week high of $9.43. The stock’s 50 day moving average price is $6.04 and its two-hundred day moving average price is $6.87. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.56 and a current ratio of 1.86.

Nissan Motor (OTCMKTS:NSANY) last announced its quarterly earnings data on Thursday, July 25th. The company reported $0.10 EPS for the quarter. The business had revenue of $19.23 billion for the quarter. Nissan Motor had a net margin of 2.78% and a return on equity of 6.52%. As a group, analysts anticipate that Nissan Motor will post 1.26 earnings per share for the current fiscal year.

About Nissan Motor

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.