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

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

Wall Street Analysts Forecast Growth

NSANY has been the subject of a number of recent research reports. Bank of America downgraded shares of Nissan Motor from a “buy” rating to an “underperform” rating in a research report on Tuesday, September 17th. Nomura downgraded Nissan Motor from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 27th.

Nissan Motor Stock Down 0.9 %

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 company has a market capitalization of $8.65 billion, a PE ratio of 8.63, a price-to-earnings-growth ratio of 0.23 and a beta of 0.98. The company’s fifty day moving average is $5.20 and its 200-day moving average is $5.92.

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.