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Bombardier (TSE:BBD.A) Stock Passes Above Fifty Day Moving Average - Here's What Happened

Bombardier logo with Industrials background

Bombardier Inc. (TSE:BBD.A - Get Free Report)'s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$83.63 and traded as high as C$84.70. Bombardier shares last traded at C$83.92, with a volume of 6,308 shares.

Bombardier Price Performance

The firm has a market cap of C$1.04 billion, a PE ratio of 21.74, a P/E/G ratio of 6.24 and a beta of 2.98. The business's fifty day moving average is C$83.63 and its 200-day moving average is C$91.03.

Bombardier Company Profile

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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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