Bombardier (TSE:BBD.A) Stock Passes Above 50 Day Moving Average – What’s Next?

Shares of Bombardier Inc. (TSE:BBD.AGet Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$99.52 and traded as high as C$103.11. Bombardier shares last traded at C$101.67, with a volume of 10,178 shares.

Bombardier Price Performance

The firm has a 50 day moving average of C$99.52 and a 200-day moving average of C$89.14. The stock has a market capitalization of C$1.26 billion, a P/E ratio of 26.34, a price-to-earnings-growth ratio of 6.24 and a beta of 2.98.

About Bombardier

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Bombardier Inc engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide. It provides new aircraft, specialized aircraft solutions, and pre-owned aircraft. The company also offers aftermarket services, including parts, service centers, smart services, training, and technical publications.

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