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Bombardier (TSE:BBD.A) Shares Up 13.6% - Here's Why

Bombardier logo with Industrials background

Bombardier Inc. (TSE:BBD.A - Get Free Report) shares shot up 13.6% during trading on Wednesday . The stock traded as high as C$137.40 and last traded at C$134.87. 15,341 shares changed hands during mid-day trading, an increase of 31% from the average session volume of 11,745 shares. The stock had previously closed at C$118.71.

Bombardier Trading Up 3.0%

The company has a market cap of C$1.83 billion, a price-to-earnings ratio of 38.40, a P/E/G ratio of 6.24 and a beta of 2.98. The stock has a 50 day moving average price of C$98.33 and a two-hundred day moving average price of C$91.08.

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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