Bridgestone (OTCMKTS:BRDCY) Sees Strong Trading Volume – Should You Buy?

Bridgestone Corp. (OTCMKTS:BRDCY) saw unusually-strong trading volume on Tuesday . Approximately 310,707 shares changed hands during mid-day trading, a decline of 1% from the previous session’s volume of 314,540 shares.The stock last traded at $10.5320 and had previously closed at $10.45.

Analyst Ratings Changes

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

Bridgestone Stock Performance

The company has a quick ratio of 1.76, a current ratio of 2.55 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $28.09 billion, a PE ratio of 16.45, a PEG ratio of 1.43 and a beta of 0.55. The company has a 50-day moving average price of $10.46 and a two-hundred day moving average price of $14.82.

Bridgestone (OTCMKTS:BRDCY) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. The company had revenue of $7.04 billion for the quarter, compared to analysts’ expectations of $6.87 billion. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS. Analysts predict that Bridgestone Corp. will post 0.83 EPS for the current fiscal year.

About Bridgestone

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.