Bombardier (TSE:BBD.A) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Shares of Bombardier Inc. (TSE:BBD.AGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$94.66 and traded as low as C$82.35. Bombardier shares last traded at C$82.79, with a volume of 12,680 shares.

Bombardier Price Performance

The firm has a market cap of C$1.06 billion, a price-to-earnings ratio of 22.29, a P/E/G ratio of 6.24 and a beta of 2.98. The firm’s fifty day moving average is C$86.05 and its two-hundred day moving average is C$94.61.

About Bombardier

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Bombardier Inc engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide. It provides new aircraft, specialized aircraft solutions, and pre-owned aircraft. The company also offers aftermarket services, including parts, service centers, smart services, training, and technical publications.

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