Bridgestone (OTCMKTS:BRDCY) Shares Gap Up – Should You Buy?

Bridgestone Corp. (OTCMKTS:BRDCY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $10.26, but opened at $10.69. Bridgestone shares last traded at $10.3150, with a volume of 5,097 shares.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Zacks Research lowered shares of Bridgestone from a “hold” rating to a “strong sell” rating in a report on Friday, April 24th. Smbc Nikko Sec. lowered shares of Bridgestone from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Bridgestone Stock Performance

The company has a current ratio of 2.55, a quick ratio of 1.76 and a debt-to-equity ratio of 0.18. The company’s fifty day moving average is $10.66 and its 200 day moving average is $15.89. The company has a market cap of $27.91 billion, a P/E ratio of 15.38, a price-to-earnings-growth ratio of 0.99 and a beta of 0.55.

Bridgestone Company Profile

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.