Bridgestone (OTCMKTS:BRDCY) Hits New 12-Month Low – Here’s Why

Shares of Bridgestone Co. (OTCMKTS:BRDCYGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock 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 Stock Performance

The stock has a 50-day moving average of $17.75 and a 200-day moving average of $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 released its earnings results on Monday, November 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.14). The firm had revenue of $7.34 billion during the quarter. On average, analysts anticipate that Bridgestone Co. will post 2.41 EPS for the current fiscal 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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