Bridgestone (OTCMKTS:BRDCY) Reaches New 1-Year Low – What’s Next?

Bridgestone Co. (OTCMKTS:BRDCYGet Free Report)’s stock price hit a new 52-week low on Thursday . The company traded as low as $16.67 and last traded at $17.31, with a volume of 1273677 shares. The stock had previously closed at $17.24.

Bridgestone Stock Performance

The stock’s fifty day simple moving average is $18.58 and its two-hundred day simple moving average is $19.76. The company has a current ratio of 2.39, a quick ratio of 1.56 and a debt-to-equity ratio of 0.14.

Bridgestone (OTCMKTS:BRDCYGet Free Report) last released its quarterly earnings results on Monday, November 11th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.14). The firm had revenue of $7.34 billion for the quarter. As a group, equities research analysts anticipate that Bridgestone Co. will post 2.41 EPS for the current year.

About Bridgestone

(Get Free Report)

Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products. The company offers tires and tire tubes for passenger cars, trucks, buses, construction and off-road mining vehicles, industrial and agricultural machinery, aircraft, motorcycles, scooters, and other vehicles; automotive parts; automotive maintenance and repair services; and raw materials for tires and other products.

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