Nissan Motor (OTCMKTS:NSANY) Cut to “Underperform” at Bank of America

Bank of America cut shares of Nissan Motor (OTCMKTS:NSANYFree Report) from a buy rating to an underperform rating in a report issued on Tuesday, MarketBeat.com reports.

Nissan Motor Stock Performance

NSANY opened at $5.70 on Tuesday. The company has a quick ratio of 1.56, a current ratio of 1.86 and a debt-to-equity ratio of 0.83. Nissan Motor has a 12-month low of $5.45 and a 12-month high of $9.43. The business has a 50 day moving average of $6.04 and a 200-day moving average of $6.87. The stock has a market cap of $11.14 billion, a price-to-earnings ratio of 3.73, a PEG ratio of 0.19 and a beta of 1.01.

Nissan Motor (OTCMKTS:NSANYGet Free Report) last announced its quarterly earnings results on Thursday, July 25th. The company reported $0.10 earnings per share (EPS) for the quarter. Nissan Motor had a return on equity of 6.52% and a net margin of 2.78%. The business had revenue of $19.23 billion during the quarter. On average, equities research analysts expect that Nissan Motor will post 1.26 earnings per share for the current year.

About Nissan Motor

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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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