Bridgestone (OTCMKTS:BRDCY) Shares Gap Down - Here's Why

Bridgestone Corp. (OTCMKTS:BRDCY - Get Free Report)'s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $20.48, but opened at $19.83. Bridgestone shares last traded at $20.55, with a volume of 335 shares changing hands.

Bridgestone Stock Up 0.9%

The company has a quick ratio of 1.62, a current ratio of 2.49 and a debt-to-equity ratio of 0.14. The firm's 50-day simple moving average is $20.81 and its 200 day simple moving average is $19.52.

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

Bridgestone Company Profile

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.