Bridgestone (OTCMKTS:BRDCY) Sets New 1-Year Low – Should You Sell?

by · The Cerbat Gem

Bridgestone Co. (OTCMKTS:BRDCY – Get Free Report)’s stock price reached a new 52-week low during trading on Friday . The company traded as low as $17.70 and last traded at $18.01, with a volume of 222339 shares traded. The stock had previously closed at $18.21.

Bridgestone Stock Performance

The business has a fifty day moving average of $19.13 and a 200 day moving average of $20.20. The company has a quick ratio of 1.56, a current ratio of 2.39 and a debt-to-equity ratio of 0.14.

Bridgestone (OTCMKTS:BRDCY – Get Free Report) last released its quarterly earnings data on Friday, August 9th. The company reported $0.53 EPS for the quarter. The firm had revenue of $7.14 billion during the quarter. On average, sell-side analysts anticipate that Bridgestone Co. will post 2.17 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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