Nissan Motor Co., Ltd. (OTCMKTS:NSANY) Sees Large Decline in Short Interest

Nissan Motor Co., Ltd. (OTCMKTS:NSANY) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 160,800 shares, a drop of 65.5% from the September 30th total of 465,500 shares. Based on an average daily trading volume, of 560,100 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

Separately, Bank of America downgraded shares of Nissan Motor from a “buy” rating to an “underperform” rating in a research report on Tuesday, September 17th.

Nissan Motor Stock Down 0.8 %

Shares of NSANY stock traded down $0.04 on Friday, reaching $5.25. 405,265 shares of the company were exchanged, compared to its average volume of 369,216. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.86 and a quick ratio of 1.56. The company has a 50-day moving average of $5.68 and a 200-day moving average of $6.47. The company has a market cap of $9.75 billion, a price-to-earnings ratio of 4.23, a PEG ratio of 0.25 and a beta of 1.00. Nissan Motor has a one year low of $5.20 and a one year high of $8.79.

Nissan Motor (OTCMKTS:NSANY) last announced its quarterly earnings data on Thursday, July 25th. The company reported $0.10 EPS for the quarter. Nissan Motor had a return on equity of 6.52% and a net margin of 2.78%. The firm had revenue of $19.23 billion during the quarter. Analysts anticipate that Nissan Motor will post 0.91 earnings per share for the current year.

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.