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Bombardier (TSE:BBD.A) Sets New 12-Month High - Still a Buy?

Bombardier logo with Industrials background

Key Points

  • Bombardier Inc. shares reached a new 52-week high at C$171.93 during mid-day trading on Tuesday, closing slightly lower at C$171.49.
  • The company has a market capitalization of C$2.09 billion and a P/E ratio of 43.94, signaling strong investor interest but also potentially high valuations.
  • Bombardier is a global leader in aviation, particularly known for its business jets, with around 5,000 aircraft in service across various sectors.
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Bombardier Inc. (TSE:BBD.A - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$171.93 and last traded at C$171.49, with a volume of 4606 shares. The stock had previously closed at C$166.22.

Bombardier Stock Up 0.7%

The business has a fifty day simple moving average of C$143.77 and a 200-day simple moving average of C$106.05. The firm has a market cap of C$2.06 billion, a P/E ratio of 43.24, a P/E/G ratio of 6.24 and a beta of 2.98.

About Bombardier

(Get Free Report)

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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