Bombardier (TSE:BBD.A) Shares Pass Above 50-Day Moving Average of $82.48

Shares of Bombardier Inc. (TSE:BBD.AGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$82.48 and traded as high as C$87.46. Bombardier shares last traded at C$87.37, with a volume of 1,326 shares changing hands.

Bombardier Price Performance

The firm has a 50-day simple moving average of C$82.48 and a 200-day simple moving average of C$63.60. The firm has a market capitalization of C$1.08 billion, a PE ratio of 23.36 and a beta of 2.99.

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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