Bridgestone (OTCMKTS:BRDCY) Sees Large Volume Increase – Here’s Why

Bridgestone Corp. (OTCMKTS:BRDCYGet Free Report) shares saw unusually-strong trading volume on Monday . Approximately 357,920 shares changed hands during trading, an increase of 21% from the previous session’s volume of 296,343 shares.The stock last traded at $10.5475 and had previously closed at $10.65.

Analyst Ratings Changes

Several research analysts have commented on BRDCY shares. Zacks Research cut shares of Bridgestone from a “hold” rating to a “strong sell” rating in a report on Friday, April 24th. Smbc Nikko Sec. downgraded shares of Bridgestone from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Get Our Latest Report on BRDCY

Bridgestone Stock Down 1.6%

The firm has a market cap of $27.96 billion, a PE ratio of 15.41, a P/E/G ratio of 1.40 and a beta of 0.55. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.55 and a quick ratio of 1.76. The business has a fifty day moving average price of $10.49 and a two-hundred day moving average price of $15.31.

Bridgestone (OTCMKTS:BRDCYGet Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.03. The business had revenue of $7.04 billion during the quarter, compared to analysts’ expectations of $6.87 billion. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS. On average, analysts anticipate that Bridgestone Corp. will post 0.87 EPS for the current fiscal year.

Bridgestone Company Profile

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Bridgestone Corporation is a Japanese multinational company principally engaged in the design, manufacture and sale of tires and rubber products. Founded in 1931 by Shojiro Ishibashi and headquartered in Tokyo, the company has grown into one of the world’s largest tire manufacturers, offering products for a broad range of vehicles and applications.

The company’s core offerings include tires for passenger cars, motorcycles, commercial trucks and buses, agricultural and off‑the‑road equipment, and aircraft.

Further Reading

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