Free Trial

Bridgestone (OTCMKTS:BRDCY) Reaches New 1-Year High - What's Next?

Bridgestone logo with Auto/Tires/Trucks background

Key Points

  • Bridgestone Corp. shares reached a new 52-week high of $22.00, indicating significant investor interest with a volume of 18,991 shares traded.
  • The company reported earnings per share of $0.36 in its recent quarterly earnings, falling short of analysts' expectations of $0.42.
  • Bridgestone has a solid financial position, with a current ratio of 2.49 and a low debt-to-equity ratio of 0.14, indicating strong liquidity and low leverage.
  • Want stock alerts on Bridgestone? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Bridgestone Corp. (OTCMKTS:BRDCY - Get Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as $22.00 and last traded at $22.00, with a volume of 18991 shares changing hands. The stock had previously closed at $21.19.

Bridgestone Trading Up 3.1%

The company's 50-day moving average is $20.64 and its 200 day moving average is $20.07. The company has a current ratio of 2.49, a quick ratio of 1.62 and a debt-to-equity ratio of 0.14.

Bridgestone (OTCMKTS:BRDCY - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The company reported $0.36 earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by ($0.06). Research analysts predict that Bridgestone Corp. will post 1.72 earnings per share for the current 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.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

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

Featured Articles and Offers

Recent Videos

3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines