Bridgestone (OTCMKTS:BRDCY) Reaches New 52-Week Low – What’s Next?

Bridgestone Co. (OTCMKTS:BRDCYGet Free Report)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as $16.40 and last traded at $16.79, with a volume of 147896 shares traded. The stock had previously closed at $17.12.

Bridgestone Stock Performance

The company has a current ratio of 2.39, a quick ratio of 1.54 and a debt-to-equity ratio of 0.14. The business’s 50-day simple moving average is $17.88 and its 200-day simple moving average is $19.03.

Bridgestone (OTCMKTS:BRDCYGet Free Report) last posted its quarterly earnings results on Monday, November 11th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The company had revenue of $7.34 billion for the quarter. On average, analysts forecast that Bridgestone Co. will post 2.41 earnings per share 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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