Bombardier (TSE:BBD.A) Trading Down 8.7% – Should You Sell?

Bombardier Inc. (TSE:BBD.AGet Free Report) shares traded down 8.7% on Tuesday . The company traded as low as C$96.31 and last traded at C$97.04. 5,175 shares were traded during mid-day trading, a decline of 49% from the average session volume of 10,170 shares. The stock had previously closed at C$106.30.

Bombardier Stock Performance

The stock’s 50 day simple moving average is C$102.12 and its two-hundred day simple moving average is C$92.56. The firm has a market capitalization of C$1.20 billion, a PE ratio of 27.54, 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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