Nissan Motor (OTCMKTS:NSANY) Issues Earnings Results

Nissan Motor (OTCMKTS:NSANY) posted its earnings results on Thursday. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.13, Zacks reports. Nissan Motor had a net margin of 1.19% and a return on equity of 3.80%. Nissan Motor updated its FY 2024 guidance to -0.150–0.150 EPS.

Nissan Motor Trading Up 1.8 %

Shares of NSANY stock opened at $5.60 on Friday. Nissan Motor has a 1 year low of $4.41 and a 1 year high of $8.79. The firm has a fifty day moving average price of $5.57 and a 200-day moving average price of $5.55. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.79 and a quick ratio of 1.48. The company has a market cap of $10.40 billion, a price-to-earnings ratio of 10.37 and a beta of 0.90.

Wall Street Analysts Forecast Growth

Separately, Nomura downgraded shares of Nissan Motor from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 27th.

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.