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

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$88.54 and traded as high as C$105.96. Bombardier shares last traded at C$104.11, with a volume of 5,466 shares trading hands.

Bombardier Price Performance

The company has a market capitalization of C$1.29 billion, a price-to-earnings ratio of 26.97, a PEG ratio of 6.24 and a beta of 2.98. The stock has a 50-day moving average price of C$88.54 and a 200-day moving average price of C$89.73.

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.

Further Reading

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