Bombardier (TSE:BBD.A) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Bombardier Inc. (TSE:BBD.AGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$93.40 and traded as low as C$77.50. Bombardier shares last traded at C$80.84, with a volume of 10,880 shares traded.

Bombardier Stock Up 1.6 %

The stock’s 50-day simple moving average is C$83.22 and its 200 day simple moving average is C$93.40. The stock has a market capitalization of C$998.37 million, a price-to-earnings ratio of 20.94, a price-to-earnings-growth ratio of 6.24 and a beta of 2.98.

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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