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

Bridgestone Co. (OTCMKTS:BRDCY)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $16.67 and last traded at $17.31, with a volume of 1273677 shares changing hands. The stock had previously closed at $17.24.

Bridgestone Trading Up 0.4 %

The firm’s 50-day moving average price is $18.64 and its 200 day moving average price is $19.81. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.39 and a quick ratio of 1.56.

Bridgestone (OTCMKTS:BRDCY) 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. Equities analysts anticipate that Bridgestone Co. will post 2.41 EPS for the current fiscal year.

Bridgestone Company Profile

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.