Bombardier (TSE:BBD.A) Stock Crosses Above 50 Day Moving Average of $54.17

Bombardier, Inc. (TSE:BBD.AGet Free Report)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$54.17 and traded as high as C$57.88. Bombardier shares last traded at C$57.60, with a volume of 5,020 shares.

Bombardier Stock Down 1.2 %

The company has a market cap of C$699.75 million, a P/E ratio of 8.87 and a beta of 2.96. The firm’s 50 day moving average is C$54.51 and its two-hundred day moving average is C$51.36.

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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