Nissan Motor (OTCMKTS:NSANY) Posts Quarterly Earnings Results

Nissan Motor (OTCMKTS:NSANY) posted its earnings results on Thursday. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.13, Zacks reports. Nissan Motor had a return on equity of 3.80% and a net margin of 1.19%. 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 52-week low of $4.41 and a 52-week high of $8.79. The company has a market capitalization of $10.40 billion, a PE ratio of 10.37 and a beta of 0.90. The business’s fifty day moving average is $5.57 and its 200 day moving average is $5.55. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.48 and a current ratio of 1.79.

Analysts Set New Price Targets

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

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.