Nissan Motor (OTCMKTS:NSANY) Hits New 52-Week Low – What’s Next?

Shares of Nissan Motor Co., Ltd. (OTCMKTS:NSANY) reached a new 52-week low during trading on Tuesday . The company traded as low as $5.43 and last traded at $5.45, with a volume of 436216 shares traded. The stock had previously closed at $5.62.

Wall Street Analysts Forecast Growth

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

Nissan Motor Stock Performance

The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.56 and a current ratio of 1.86. The firm’s 50 day moving average is $5.80 and its 200-day moving average is $6.69. The stock has a market capitalization of $10.65 billion, a price-to-earnings ratio of 3.67, a PEG ratio of 0.25 and a beta of 1.00.

Nissan Motor (OTCMKTS:NSANY) last posted its earnings results on Thursday, July 25th. The company reported $0.10 earnings per share (EPS) for the quarter. Nissan Motor had a net margin of 2.78% and a return on equity of 6.52%. The firm had revenue of $19.23 billion during the quarter. Analysts forecast that Nissan Motor Co., Ltd. will post 0.99 earnings per share for the current fiscal year.

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.