Nissan Motor (OTCMKTS:NSANY) Sets New 1-Year Low – Here’s Why

Nissan Motor Co., Ltd. (OTCMKTS:NSANY) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $4.69 and last traded at $4.69, with a volume of 486478 shares trading hands. The stock had previously closed at $4.88.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Nomura downgraded Nissan Motor from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 27th. Bank of America downgraded shares of Nissan Motor from a “buy” rating to an “underperform” rating in a report on Tuesday, September 17th.

Nissan Motor Price Performance

The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.56 and a current ratio of 1.87. The firm’s fifty day simple moving average is $5.20 and its 200 day simple moving average is $5.92. The firm has a market cap of $8.65 billion, a P/E ratio of 8.63, a P/E/G ratio of 0.23 and a beta of 0.98.

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.