Nissan Motor Co., Ltd. (OTCMKTS:NSANY) Short Interest Update

Nissan Motor Co., Ltd. (OTCMKTS:NSANY – Get Rating) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 12,200 shares, a decrease of 60.3% from the April 30th total of 30,700 shares. Based on an average trading volume of 183,400 shares, the short-interest ratio is presently 0.1 days.

Nissan Motor Stock Up 1.5 %

Shares of OTCMKTS NSANY traded up $0.11 during mid-day trading on Friday, reaching $7.58. The company had a trading volume of 41,128 shares, compared to its average volume of 92,295. The company has a current ratio of 1.73, a quick ratio of 1.44 and a debt-to-equity ratio of 0.73. The firm has a 50 day simple moving average of $7.39 and a two-hundred day simple moving average of $7.17. The stock has a market cap of $14.84 billion, a P/E ratio of 9.02, a PEG ratio of 0.18 and a beta of 1.03. Nissan Motor has a 52-week low of $5.81 and a 52-week high of $8.54.

Nissan Motor (OTCMKTS:NSANY – Get Rating) last issued its earnings results on Thursday, May 11th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.33. The business had revenue of $23.42 billion for the quarter, compared to the consensus estimate of $21.93 billion. Nissan Motor had a net margin of 2.11% and a return on equity of 6.10%. Sell-side analysts predict that Nissan Motor will post 1.18 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Citigroup cut shares of Nissan Motor from a “neutral” rating to a “sell” rating in a research note on Monday, March 13th.

Nissan Motor Company Profile

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Nissan Motor Co, Ltd. engages in the manufacture and sale of automotive products and marine equipment. It operates through the Automobile and Sales segments. The Automobile segment manufactures and sells vehicles, forklift, marine equipment, and related parts. The Sales segment handles sales finance and leasing business to support the sales activity of automobile business.