Nissan Motor (OTCMKTS:NSANY) Stock Rating Lowered by Citigroup

Citigroup downgraded shares of Nissan Motor (OTCMKTS:NSANY – Get Rating) from a neutral rating to a sell rating in a report released on Monday, The Fly reports.

Separately, JPMorgan Chase & Co. cut Nissan Motor from an overweight rating to a neutral rating in a research report on Monday, November 28th.

Nissan Motor Trading Down 2.9 %

Shares of NSANY stock opened at $7.46 on Monday. Nissan Motor has a fifty-two week low of $5.81 and a fifty-two week high of $9.33. The stock has a market cap of $14.60 billion, a P/E ratio of 15.22, a P/E/G ratio of 0.61 and a beta of 1.03. The business has a fifty day simple moving average of $7.25 and a 200-day simple moving average of $6.98. The company has a quick ratio of 1.42, a current ratio of 1.70 and a debt-to-equity ratio of 0.76.

Nissan Motor (OTCMKTS:NSANY – Get Rating) last announced its quarterly earnings results on Thursday, February 9th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.26. Nissan Motor had a return on equity of 4.06% and a net margin of 1.30%. The business had revenue of $20.12 billion during the quarter, compared to analysts’ expectations of $21.71 billion. On average, analysts forecast that Nissan Motor will post 0.57 earnings per share for the current fiscal year.

About Nissan Motor

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Nissan Motor Co, Ltd. engages in the manufacture and sale of automotive products and marine equipment. It operates through the Automobile and Sales segments. The Automobile segment manufactures and sells vehicles, forklift, marine equipment, and related parts. The Sales segment handles sales finance and leasing business to support the sales activity of automobile business.