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

Shares of Bridgestone Co. (OTCMKTS:BRDCYGet Free Report) reached 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. The stock had previously closed at $17.12.

Bridgestone Stock Down 1.9 %

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

Bridgestone (OTCMKTS:BRDCYGet Free Report) last released its quarterly earnings data on Monday, November 11th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.14). The firm had revenue of $7.34 billion during the quarter. As a group, equities research analysts anticipate 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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