Nissan Motor (OTCMKTS:NSANY - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.04) by $0.13, Zacks reports. The company had revenue of $20.74 billion during the quarter, compared to analysts' expectations of $19.51 billion. 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 Stock Up 1.8 %
Shares of OTCMKTS NSANY traded up $0.10 during trading on Monday, reaching $5.60. The company had a trading volume of 283,456 shares, compared to its average volume of 354,095. Nissan Motor has a 12-month low of $4.41 and a 12-month high of $8.79. 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 business's 50-day moving average is $5.57 and its 200 day moving average is $5.54. The stock has a market cap of $10.40 billion, a PE ratio of 10.37 and a beta of 0.90.
Wall Street Analyst Weigh In
Separately, Nomura lowered shares of Nissan Motor from a "buy" rating to a "neutral" rating in a report on Wednesday, November 27th.
View Our Latest Stock Analysis on Nissan Motor
Nissan Motor Company Profile
(
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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.
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