Bridgestone (OTCMKTS:BRDCY) Lowered to “Hold” Rating by Smbc Nikko Sec.

Smbc Nikko Sec. lowered shares of Bridgestone (OTCMKTS:BRDCY) from a strong-buy rating to a hold rating in a research note published on Wednesday,Zacks.com reports.

Separately, Zacks Research raised shares of Bridgestone from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Bridgestone Price Performance

Shares of BRDCY opened at $10.61 on Wednesday. Bridgestone has a fifty-two week low of $8.82 and a fifty-two week high of $12.55. 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’s 50-day moving average is $12.33 and its 200-day moving average is $19.24. The firm has a market capitalization of $28.31 billion, a PE ratio of 15.60, a PEG ratio of 1.00 and a beta of 0.52.

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.