Bombardier (TSE:BBD.A) Shares Pass Above 50-Day Moving Average of $54.17

Bombardier, Inc. (TSE:BBD.AGet Free Report)’s share price passed 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 changing hands.

Bombardier Trading Up 1.3 %

The firm’s fifty day moving average price is C$54.17 and its 200-day moving average price is C$51.28. The firm has a market cap of C$711.36 million, a price-to-earnings ratio of 9.01 and a beta of 2.96.

About Bombardier

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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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