Bombardier (TSE:BBD.A) Reaches New 52-Week High - Should You Buy?

Key Points

• Bombardier Inc. reached a new 52-week high with its stock trading at C$197.00, closing at C$196.19 on increased trading volume.
• The company's market capitalization stands at C$19.46 billion with a price-to-earnings ratio of 45.10, indicating strong investor interest.
• Bombardier is recognized as a global leader in aviation, specializing in business jets and operating a worldwide fleet of approximately 5,000 aircraft.

Bombardier Inc. (TSE:BBD.A - )'s stock price reached a new 52-week high on Wednesday . The company traded as high as C$197.00 and last traded at C$196.19, with a volume of 3048 shares changing hands. The stock had previously closed at C$193.80.

Bombardier Trading Up 1.2%

The company has a market capitalization of C$19.46 billion, a price-to-earnings ratio of 45.10, a PEG ratio of 6.24 and a beta of 1.93. The firm's 50 day simple moving average is C$167.70 and its 200-day simple moving average is C$125.08.

Bombardier Company Profile

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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