Nissan Motor (OTCMKTS:NSANY) Sets New 52-Week Low – Here’s What Happened

Nissan Motor Co. (OTCMKTS:NSANY) hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $3.45 and last traded at $3.4750, with a volume of 11,891 shares traded. The stock had previously closed at $3.51.

Wall Street Analysts Forecast Growth

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

Nissan Motor Price Performance

The stock has a fifty day moving average price of $3.89 and a 200-day moving average price of $4.17. The company has a market cap of $6.41 billion, a PE ratio of -2.25, a price-to-earnings-growth ratio of 3.82 and a beta of 0.62. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.54 and a quick ratio of 1.33.

Nissan Motor (OTCMKTS:NSANY) last issued its earnings results on Monday, August 3rd. The company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.14) by $0.18. The business had revenue of $18.93 billion during the quarter, compared to analysts’ expectations of $18.81 billion. Nissan Motor had a negative return on equity of 5.50% and a negative net margin of 3.38%. Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS. On average, equities analysts expect that Nissan Motor Co. will post 0.03 earnings per share for the current year.

About Nissan Motor

Nissan Motor Co, Ltd. is a Japanese automotive manufacturer headquartered in Yokohama, Japan. Founded in 1933, the company develops, manufactures and sells passenger vehicles, sport utility vehicles, pickup trucks, light commercial vehicles and electric vehicles under the Nissan brand.

Nissan also operates the Infiniti premium vehicle brand and the Nismo performance division. Its product portfolio includes gasoline-powered, hybrid and battery-electric models, including vehicles developed through its e-POWER and Nissan LEAF electric-vehicle technologies.