Bridgestone (OTCMKTS:BRDCY) Hits New 1-Year Low – Here’s What Happened

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

Bridgestone Trading Up 0.4 %

The business’s 50 day simple moving average is $17.75 and its two-hundred day simple moving average is $18.96. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.54 and a current ratio of 2.39.

Bridgestone (OTCMKTS:BRDCYGet Free Report) last issued its quarterly earnings data 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 during the quarter. As a group, sell-side analysts predict that Bridgestone Co. will post 2.41 earnings per share for the current year.

About Bridgestone

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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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