Nissan Motor (OTCMKTS:NSANY) Shares Pass Below 50 Day Moving Average of $5.92

Nissan Motor Co., Ltd. (OTCMKTS:NSANY)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $5.92 and traded as low as $5.69. Nissan Motor shares last traded at $5.69, with a volume of 231,328 shares traded.

Wall Street Analyst Weigh In

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 Price Performance

The company’s 50 day moving average price is $5.89 and its 200-day moving average price is $6.79. The company has a market capitalization of $11.12 billion, a PE ratio of 3.72, a PEG ratio of 0.25 and a beta of 1.01. The company has a current ratio of 1.86, a quick ratio of 1.56 and a debt-to-equity ratio of 0.83.

Nissan Motor (OTCMKTS:NSANY) last announced its quarterly earnings data 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 company had revenue of $19.23 billion during the quarter. On average, sell-side 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.