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Bombardier (TSE:BBD.A) Reaches New 1-Year High - Still a Buy?

Bombardier logo with Industrials background

Shares of Bombardier Inc. (TSE:BBD.A - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as C$154.50 and last traded at C$154.00, with a volume of 4472 shares trading hands. The stock had previously closed at C$149.68.

Bombardier Stock Up 3.3%

The business's 50-day moving average price is C$104.42 and its 200 day moving average price is C$92.98. The company has a market capitalization of C$1.98 billion, a P/E ratio of 41.63, a price-to-earnings-growth ratio of 6.24 and a beta of 2.98.

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.

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