Nissan Motor (OTCMKTS:NSANY) Sets New 52-Week Low – What’s Next?

Nissan Motor Co., Ltd. (OTCMKTS:NSANY) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $4.72 and last traded at $4.73, with a volume of 646100 shares traded. The stock had previously closed at $4.89.

Analysts Set New Price Targets

Several brokerages have issued reports on NSANY. Bank of America lowered Nissan Motor from a “buy” rating to an “underperform” rating in a research note on Tuesday, September 17th. Nomura lowered Nissan Motor from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 27th.

Nissan Motor Stock Down 3.3 %

The company has a quick ratio of 1.56, a current ratio of 1.86 and a debt-to-equity ratio of 0.83. The company has a 50-day simple moving average of $5.32 and a two-hundred day simple moving average of $6.03. The stock has a market cap of $8.78 billion, a P/E ratio of 8.76, a P/E/G ratio of 0.23 and a beta of 0.98.

Nissan Motor Company Profile

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.