Bombardier (TSE:BBD.A) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Shares of Bombardier Inc. (TSE:BBD.AGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$89.80 and traded as low as C$88.75. Bombardier shares last traded at C$89.46, with a volume of 3,513 shares traded.

Bombardier Price Performance

The business has a 50-day moving average of C$85.49 and a 200 day moving average of C$89.80. The company has a market capitalization of C$1.10 billion, a PE ratio of 23.18, a P/E/G ratio of 6.24 and a beta of 2.98.

About Bombardier

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Bombardier is a global leader in aviation, focused on designing, manufacturing and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

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