Bombardier (TSE:BBD.A) Share Price Passes Above Fifty Day Moving Average of $89.06

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$89.06 and traded as high as C$89.68. Bombardier shares last traded at C$88.93, with a volume of 10,753 shares.

Bombardier Price Performance

The company has a market capitalization of C$1.10 billion, a price-to-earnings ratio of 22.83 and a beta of 2.99. The firm’s fifty day moving average price is C$89.06 and its 200-day moving average price is C$71.79.

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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