Nissan Motor (OTCMKTS:NSANY) Posts Earnings Results

Nissan Motor (OTCMKTS:NSANY) released its earnings results on Thursday. The company reported ($0.27) earnings per share for the quarter, beating the consensus estimate of ($0.41) by $0.14, Zacks reports. The business had revenue of $19.52 billion for the quarter, compared to the consensus estimate of $19.67 billion. Nissan Motor had a negative return on equity of 5.05% and a negative net margin of 7.62%.

Nissan Motor Trading Up 5.7%

Shares of NSANY traded up $0.31 during midday trading on Friday, hitting $5.79. 228,144 shares of the stock were exchanged, compared to its average volume of 135,401. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.38 and a current ratio of 1.60. The firm has a market cap of $10.75 billion, a P/E ratio of -1.68 and a beta of 0.44. Nissan Motor has a 52-week low of $4.10 and a 52-week high of $6.10. The stock has a fifty day simple moving average of $5.08 and a 200 day simple moving average of $4.86.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Nissan Motor from a “sell” rating to a “hold” rating in a report on Wednesday, January 7th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

About Nissan Motor

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.