Bridgestone (OTCMKTS:BRDCY) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Bridgestone Co. (OTCMKTS:BRDCYGet Free Report)’s stock price 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 Stock Performance

The company’s fifty day moving average is $19.21 and its two-hundred day moving average 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:BRDCYGet Free Report) last issued its earnings results on Friday, August 9th. The company reported $0.53 earnings per share for the quarter. The firm had revenue of $7.14 billion during the quarter. As a group, analysts predict that Bridgestone Co. will post 2.17 earnings per share 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.

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