Bridgestone Co. (OTCMKTS:BRDCY - Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 202,500 shares, a growth of 3,720.8% from the September 30th total of 5,300 shares. Based on an average daily volume of 261,000 shares, the short-interest ratio is currently 0.8 days.
Bridgestone Trading Down 1.1 %
Bridgestone stock traded down $0.20 during midday trading on Friday, reaching $18.01. The stock had a trading volume of 224,013 shares, compared to its average volume of 118,325. The firm's fifty day simple moving average is $19.13 and its two-hundred day simple moving average is $20.20. Bridgestone has a twelve month low of $17.70 and a twelve month high of $23.05. The company has a current ratio of 2.39, a quick ratio of 1.56 and a debt-to-equity ratio of 0.14.
Bridgestone (OTCMKTS:BRDCY - Get Free Report) last issued its earnings results on Friday, August 9th. The company reported $0.53 earnings per share (EPS) for the quarter. The company had revenue of $7.14 billion for the quarter. As a group, sell-side analysts anticipate that Bridgestone will post 2.17 earnings per share for the current fiscal 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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