Nissan Motor (OTCMKTS:NSANY) Stock Crosses Below 50-Day Moving Average – Here’s Why

Nissan Motor Co., Ltd. (OTCMKTS:NSANY)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.60 and traded as low as $5.24. Nissan Motor shares last traded at $5.37, with a volume of 203,980 shares traded.

Nissan Motor Stock Down 4.0 %

The stock has a 50-day moving average of $5.59 and a 200-day moving average of $5.51. The company has a quick ratio of 1.48, a current ratio of 1.79 and a debt-to-equity ratio of 0.79. The company has a market cap of $9.58 billion, a PE ratio of 13.57 and a beta of 0.82.

Nissan Motor (OTCMKTS:NSANY) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.13. The firm had revenue of $20.74 billion during the quarter, compared to the consensus estimate of $19.51 billion. Nissan Motor had a return on equity of 2.74% and a net margin of 0.85%. Sell-side analysts predict that Nissan Motor Co., Ltd. will post 0.14 earnings per share for the current fiscal year.

About Nissan Motor

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.