Bridgestone Co. (OTCMKTS:BRDCY – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 202,500 shares, an increase of 3,720.8% from the September 30th total of 5,300 shares. Based on an average daily trading volume, of 261,000 shares, the short-interest ratio is presently 0.8 days.
Bridgestone Stock Down 1.1 %
Shares of Bridgestone stock opened at $18.01 on Friday. The stock’s 50 day simple moving average is $19.13 and its 200-day simple moving average is $20.20. Bridgestone has a 1-year low of $17.70 and a 1-year high of $23.05. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.56 and a current ratio of 2.39.
Bridgestone (OTCMKTS:BRDCY – Get Free Report) last issued its earnings results on Friday, August 9th. The company reported $0.53 earnings per share for the quarter. The company had revenue of $7.14 billion for the quarter. On average, equities analysts anticipate that Bridgestone will post 2.17 earnings per share for the current year.
About Bridgestone
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.
Featured Stories
- Five stocks we like better than Bridgestone
- What is a Low P/E Ratio and What Does it Tell Investors?
- Texas Roadhouse Stock Steering for New Highs This Year
- What is the Hang Seng index?
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- Investing in Travel Stocks Benefits
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
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.