Bridgestone (OTCMKTS:BRDCY) Cut to “Strong Sell” at Zacks Research

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

Separately, CLSA upgraded shares of 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Bridgestone Trading Down 0.8%

OTCMKTS BRDCY opened at $23.45 on Tuesday. The company has a market cap of $32.12 billion, a P/E ratio of 17.37, a P/E/G ratio of 1.56 and a beta of 0.49. Bridgestone has a 12 month low of $15.90 and a 12 month high of $24.54. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.48 and a quick ratio of 1.66. The company has a 50-day moving average of $22.72 and a 200-day moving average of $21.98.

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.