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Bombardier (TSE:BBD.A) Sets New 12-Month High - Here's What Happened

Bombardier logo with Industrials background

Key Points

  • Bombardier Inc. has reached a new 52-week high, trading at C$172.10, with a market capitalization of C$16.94 billion.
  • The company's P/E ratio stands at 39.25, indicating strong market expectations for future earnings growth.
  • With a beta of 1.93, Bombardier's stock is considered significantly more volatile compared to the overall market.
  • MarketBeat previews the top five stocks to own by November 1st.

Bombardier Inc. (TSE:BBD.A - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$172.10 and last traded at C$172.10, with a volume of 7212 shares trading hands. The stock had previously closed at C$170.95.

Bombardier Price Performance

The company has a market capitalization of C$17.98 billion, a P/E ratio of 41.67, a price-to-earnings-growth ratio of 6.24 and a beta of 1.93. The company has a fifty day moving average price of C$163.46 and a 200 day moving average price of C$119.69.

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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