Nissan Motor (OTCMKTS:NSANY) Stock Price Passes Below 50 Day Moving Average – Here’s What Happened

Nissan Motor Co., Ltd. (OTCMKTS:NSANY)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 trading hands.

Nissan Motor Stock Performance

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 stock has a market cap of $9.97 billion, a P/E ratio of 14.13 and a beta of 0.82. The business has a 50 day moving average price of $5.60 and a 200 day moving average price of $5.51.

Nissan Motor (OTCMKTS:NSANY) last released its earnings results on Thursday, February 13th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.13. The business 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%. As a group, sell-side analysts expect that Nissan Motor Co., Ltd. will post 0.14 EPS for the current 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.