Bombardier (TSE:BBD.A) Shares Cross Above 50 Day Moving Average of $75.45

Bombardier Inc. (TSE:BBD.AGet Free Report) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$75.45 and traded as high as C$88.10. Bombardier shares last traded at C$87.77, with a volume of 25,806 shares.

Bombardier Trading Down 0.4 %

The company has a market capitalization of C$1.06 billion, a P/E ratio of 23.05 and a beta of 2.99. The firm’s 50 day moving average price is C$76.50 and its two-hundred day moving average price is C$60.98.

Bombardier Company Profile

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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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