Nissan Motor Co Ltd (NASDAQ:NSANY) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Thursday.
According to Zacks, “Nissan Motor Company, Ltd. manufactures and markets motor vehicles and parts. In North America, Nissan’s operations include styling, engineering, manufacturing, sales, customer and corporate finance and industrial and textile equipment. Nissan in North America employs more than 20,000 people in the United States, Canada and Mexico and generates nearly 75,000 jobs through its 1,500 Nissan and Infinity dealerships across the continent. “
Shares of Nissan Motor Co (NASDAQ:NSANY) opened at 20.21 on Thursday. The company has a market cap of $40.11 billion and a price-to-earnings ratio of 9.79. The company’s 50-day moving average price is $20.19 and its 200-day moving average price is $19.66. Nissan Motor Co has a 12 month low of $16.57 and a 12 month high of $20.76.
Nissan Motor Co Company Profile
Nissan Motor Co, Ltd. is engaged in manufacturing, sales and related business of automotive products and marine equipment. The Company’s segments include Automobile and Sales Financing. The Automobile business includes manufacturing and sales of vehicles and parts. The Sales financing business provides sales finance service and leasing to support sales activities of the automobile business.
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