Bombardier (TSE:BBD.A) Stock Price Passes Above Fifty Day Moving Average of $78.94

Bombardier Inc. (TSE:BBD.AGet Free Report)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$78.94 and traded as high as C$87.67. Bombardier shares last traded at C$87.27, with a volume of 6,688 shares trading hands.

Bombardier Stock Performance

The stock has a market capitalization of C$1.09 billion, a price-to-earnings ratio of 23.51 and a beta of 2.99. The business has a 50-day moving average of C$80.16 and a 200-day moving average of C$62.60.

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.

Further Reading

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