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

Bombardier Inc. (TSE:BBD.AGet Free Report) shares 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.

Bombardier Stock Up 0.3%

The stock has a market cap of C$2.03 billion, a PE ratio of 42.61, a P/E/G ratio of 6.24 and a beta of 2.98. The business has a 50 day moving average price of C$149.76 and a 200 day moving average price of C$108.63.

About Bombardier

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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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