Bridgestone (OTCMKTS:BRDCY) Sees Large Volume Increase – Should You Buy?

Shares of Bridgestone Corp. (OTCMKTS:BRDCY – Get Free Report) saw an uptick in trading volume on Tuesday . Approximately 228,374 shares were traded during trading, a decline of 20% from the previous session’s volume of 284,018 shares.The stock last traded at $12.85 and had previously closed at $12.89.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Zacks Research upgraded shares of Bridgestone from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. The Goldman Sachs Group lowered Bridgestone from a “strong-buy” rating to a “neutral” rating in a research report on Wednesday, June 17th. Finally, Sanford C. Bernstein lowered Bridgestone from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. Two analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Bridgestone currently has an average rating of “Moderate Buy”.

Get Bridgestone alerts:

Read Our Latest Stock Report on Bridgestone

Bridgestone Price Performance

The company has a current ratio of 2.71, a quick ratio of 1.83 and a debt-to-equity ratio of 0.18. The firm has a market cap of $34.34 billion, a PE ratio of 20.11, a PEG ratio of 1.13 and a beta of 0.54. The business has a fifty day moving average of $11.92 and a 200-day moving average of $11.18.

About Bridgestone

(Get Free Report)

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.

Recommended Stories

• Five stocks we like better than Bridgestone
• NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
• Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
• Medtronic’s Stars Are Aligning for a Price Recovery
• Analysts See Major Upside for This Top-10 Performing S&P 500 Stock

Receive News & Ratings for Bridgestone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bridgestone and related companies with MarketBeat.com's FREE daily email newsletter.