Nissan Motor (OTCMKTS:NSANY) Shares Gap Down – Here’s What Happened

Nissan Motor Co. (OTCMKTS:NSANY) shares gapped down before the market opened on Monday. The stock had previously closed at $3.64, but opened at $3.50. Nissan Motor shares last traded at $3.6750, with a volume of 4,615 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Nissan Motor from a “strong sell” rating to a “hold” rating in a report on Thursday, August 20th. Two investment analysts have rated the stock with a Hold rating. According to MarketBeat.com, Nissan Motor presently has an average rating of “Hold”.

Nissan Motor Stock Performance

The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.33 and a current ratio of 1.54. The stock’s 50 day simple moving average is $4.01 and its 200-day simple moving average is $4.21.

Nissan Motor (OTCMKTS:NSANY) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.18. Nissan Motor had a negative net margin of 3.38% and a negative return on equity of 5.50%. The firm had revenue of $18.93 billion during the quarter, compared to analysts’ expectations of $18.81 billion. Nissan Motor has set its FY 2026 guidance at 0.070-0.070 EPS. Analysts anticipate that Nissan Motor Co. will post 0.03 EPS for the current fiscal year.

About Nissan Motor

Nissan Motor Co, Ltd. is a Japanese automobile manufacturer headquartered in Yokohama, Japan. Founded in 1933, the company develops, manufactures, and sells passenger cars, sport utility vehicles, electric vehicles, light commercial vehicles, and other automotive products under the Nissan, Infiniti, and Nismo brands.

Nissan serves customers through a global network spanning Japan, North America, Europe, China, and other international markets. Its activities include vehicle design, engineering, production, sales, distribution, and after-sales support.