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Bombardier (TSE:BBD.A) Shares Pass Above Fifty Day Moving Average - Should You Sell?

Bombardier logo with Industrials background

Key Points

  • Bombardier's stock recently crossed above its 50-day moving average of C$156.28 during trading, reaching a high of C$160.40 before closing at C$159.78.
  • The company has a market capitalization of C$15.85 billion and a notable P/E ratio of 36.73, indicating its current valuation compared to earnings.
  • Bombardier is recognized as a global leader in aviation, specializing in the design and manufacturing of high-performance business jets.
  • MarketBeat previews top five stocks to own in October.

Bombardier Inc. (TSE:BBD.A - Get Free Report)'s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$156.28 and traded as high as C$160.40. Bombardier shares last traded at C$159.78, with a volume of 4,126 shares.

Bombardier Stock Down 0.2%

The company has a fifty day simple moving average of C$159.50 and a 200 day simple moving average of C$114.07. The firm has a market capitalization of C$15.40 billion, a P/E ratio of 35.69, a P/E/G ratio of 6.24 and a beta of 1.93.

Bombardier Company Profile

(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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