Bombardier (TSE:BBD.A) Stock Price Crosses Above 50-Day Moving Average of $54.17

Bombardier, Inc. (TSE:BBD.AGet Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$54.17 and traded as high as C$57.88. Bombardier shares last traded at C$57.60, with a volume of 5,020 shares changing hands.

Bombardier Price Performance

The business’s fifty day simple moving average is C$54.17 and its two-hundred day simple moving average is C$51.28. The company has a market cap of C$711.36 million, a PE ratio of 9.01 and a beta of 2.96.

Bombardier Company Profile

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Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide. The company operates in four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment designs, manufactures, and markets business jets, as well as provides aftermarket support services.

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