Shares of Bombardier, Inc. (TSE:BBD.A – Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$55.19 and traded as high as C$60.00. Bombardier shares last traded at C$56.63, with a volume of 2,856 shares trading hands.
Bombardier Price Performance
The firm has a market capitalization of C$699.38 million, a price-to-earnings ratio of 8.86 and a beta of 2.96. The business’s 50-day moving average price is C$55.19 and its 200 day moving average price is C$51.73.
About Bombardier
Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide. The company operates in four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment designs, manufactures, and markets business jets, as well as provides aftermarket support services.
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