Bridgestone (OTCMKTS:BRDCY) Downgraded by Zacks Research to Strong Sell

Zacks Research lowered shares of Bridgestone (OTCMKTS:BRDCY) from a hold rating to a strong sell rating in a research report sent to investors on Tuesday,Zacks.com reports.

Separately, CLSA raised Bridgestone to a “strong-buy” rating in a report on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Bridgestone Stock Performance

Shares of BRDCY opened at $23.63 on Tuesday. Bridgestone has a 1 year low of $15.90 and a 1 year high of $24.54. The stock has a market capitalization of $32.36 billion, a PE ratio of 17.50, a PEG ratio of 1.53 and a beta of 0.49. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.66 and a current ratio of 2.48. The stock has a 50-day simple moving average of $22.71 and a 200-day simple moving average of $21.97.

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.