Nomura Downgrades Nissan Motor (OTCMKTS:NSANY) to Neutral

Nissan Motor (OTCMKTS:NSANY) was downgraded by investment analysts at Nomura from a “buy” rating to a “neutral” rating in a research report issued on Wednesday,Briefing.com Automated Import reports.

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

Nissan Motor Stock Performance

Shares of OTCMKTS NSANY traded down $0.19 during mid-day trading on Wednesday, hitting $5.15. The company had a trading volume of 518,885 shares, compared to its average volume of 528,741. Nissan Motor has a 12 month low of $4.75 and a 12 month high of $8.79. The stock has a market cap of $9.56 billion, a price-to-earnings ratio of 9.54, a PEG ratio of 0.25 and a beta of 1.01. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.86 and a quick ratio of 1.56. The firm’s 50 day simple moving average is $5.42 and its two-hundred day simple moving average is $6.12.

Nissan Motor Company Profile

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.