Bridgestone (OTCMKTS:BRDCY) Stock Rating Lowered by Zacks Research

Bridgestone (OTCMKTS:BRDCY) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Separately, CLSA raised Bridgestone to a “strong-buy” rating in a report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Bridgestone Trading Up 0.8%

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