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Bombardier (TSE:BBD.A) Share Price Passes Above 50 Day Moving Average - Should You Sell?

Bombardier logo with Industrials background

Key Points

  • Bombardier Inc. stock has crossed above its 50-day moving average, indicating potential upward momentum in its trading performance.
  • The current share price of Bombardier is C$164.48, significantly higher than its 50-day moving average of C$149.76.
  • Bombardier is valued at a market capitalization of C$2.03 billion, with a P/E ratio of 42.61, reflecting its high growth potential in the aviation sector.
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Shares of Bombardier Inc. (TSE:BBD.A - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$149.76 and traded as high as C$166.73. Bombardier shares last traded at C$164.48, with a volume of 8,135 shares traded.

Bombardier Stock Performance

The stock has a market capitalization of C$2.01 billion, a P/E ratio of 42.11, a price-to-earnings-growth ratio of 6.24 and a beta of 2.98. The stock has a 50-day moving average price of C$152.12 and a two-hundred day moving average price of C$109.95.

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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