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Bombardier (TSE:BBD.A) Stock Price Passes Below 200 Day Moving Average - Should You Sell?

Bombardier logo with Industrials background

Shares of Bombardier Inc. (TSE:BBD.A - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$90.41 and traded as low as C$88.83. Bombardier shares last traded at C$89.49, with a volume of 3,721 shares.

Bombardier Stock Performance

The company has a market cap of C$1.11 billion, a P/E ratio of 23.18, a P/E/G ratio of 6.24 and a beta of 2.98. The firm has a 50 day moving average price of C$84.35 and a two-hundred day moving average price of C$90.31.

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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