Free Trial

Bridgestone (OTCMKTS:BRDCY) Stock Passes Below 50-Day Moving Average - Here's Why

Bridgestone logo with Auto/Tires/Trucks background

Shares of Bridgestone Co. (OTCMKTS:BRDCY - Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $19.21 and traded as low as $18.55. Bridgestone shares last traded at $18.61, with a volume of 128,461 shares trading hands.

Bridgestone Trading Down 0.9 %

The firm's fifty day moving average price is $19.21 and its 200 day moving average price is $20.29. 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 announced its quarterly earnings results on Friday, August 9th. The company reported $0.53 earnings per share (EPS) for the quarter. The firm had revenue of $7.14 billion for the quarter. On average, research analysts expect that Bridgestone Co. will post 2.17 EPS for the current fiscal year.

Bridgestone Company Profile

(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.

Further Reading

Should you invest $1,000 in Bridgestone right now?

Before you consider Bridgestone, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bridgestone wasn't on the list.

While Bridgestone currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Billionaires Bet Big on Cavco and Champion Homes
3 Momentum Stock Picks With Room to Run
Champion Homes’ 37% Sales Surge: Time to Invest?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines