Nissan Motor Co. (OTCMKTS:NSANY) Sees Significant Drop in Short Interest

Nissan Motor Co. (OTCMKTS:NSANY) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 2,737 shares, a drop of 97.2% from the December 31st total of 97,600 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 226,184 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 226,184 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Nissan Motor from a “sell” rating to a “hold” rating in a research report on Wednesday, January 7th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Nissan Motor currently has a consensus rating of “Sell”.

Nissan Motor Stock Performance

Shares of OTCMKTS NSANY opened at $4.89 on Wednesday. The business’s 50-day simple moving average is $4.98 and its 200-day simple moving average is $4.79. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.38 and a current ratio of 1.60. Nissan Motor has a 52 week low of $4.10 and a 52 week high of $6.10. The firm has a market cap of $9.08 billion, a price-to-earnings ratio of -1.44 and a beta of 0.44.

Nissan Motor (OTCMKTS:NSANY) last announced its earnings results on Thursday, November 6th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.45) by $0.52. Nissan Motor had a negative return on equity of 3.09% and a negative net margin of 7.39%.The firm had revenue of $19.24 billion during the quarter, compared to analysts’ expectations of $19.43 billion. As a group, equities research analysts expect that Nissan Motor will post 0.14 earnings per share for the current fiscal year.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. is a global automotive manufacturer headquartered in Yokohama, Japan, known for the design, development, production and sale of a wide range of vehicles. The company’s core business includes passenger cars, crossovers, trucks and commercial vehicles, as well as luxury models sold under its Infiniti brand. Nissan is also a pioneer in electric vehicle technology, having introduced its flagship EV model, the Leaf, which has become one of the world’s best-selling electric cars.

In addition to conventional internal combustion engines, Nissan has invested heavily in hybrid and battery-electric powertrains, advanced driver-assistance systems and connected-car technologies.