Nissan Motor (OTCMKTS:NSANY) Sets New 1-Year Low – Here’s What Happened

Shares of Nissan Motor Co., Ltd. (OTCMKTS:NSANY) hit a new 52-week low during trading on Tuesday . The company traded as low as $5.24 and last traded at $5.25, with a volume of 257301 shares trading hands. The stock had previously closed at $5.37.

Analysts Set New Price Targets

Separately, Bank of America downgraded shares of Nissan Motor from a “buy” rating to an “underperform” rating in a report on Tuesday, September 17th.

Nissan Motor Stock Performance

The company has a quick ratio of 1.56, a current ratio of 1.86 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $10.50 billion, a PE ratio of 3.51, a PEG ratio of 0.26 and a beta of 1.00. The company has a 50-day moving average price of $5.72 and a two-hundred day moving average price of $6.55.

Nissan Motor (OTCMKTS:NSANY) last announced its quarterly earnings results on Thursday, July 25th. The company reported $0.10 earnings per share for the quarter. The firm had revenue of $19.23 billion for the quarter. Nissan Motor had a return on equity of 6.52% and a net margin of 2.78%. Analysts predict that Nissan Motor Co., Ltd. will post 0.91 EPS 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.