Bombardier (OTCMKTS:BDRBF) Stock Crosses Above 50-Day Moving Average of $43.41

Bombardier Inc. (OTCMKTS:BDRBFGet Free Report)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $43.41 and traded as high as $53.21. Bombardier shares last traded at $52.24, with a volume of 28,610 shares.

Wall Street Analysts Forecast Growth

Separately, CIBC upgraded Bombardier from a “neutral” rating to a “sector outperform” rating in a research note on Thursday, May 2nd.

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Bombardier Price Performance

The company has a 50-day simple moving average of $43.41 and a 200-day simple moving average of $39.27.

Bombardier Company Profile

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Bombardier Inc engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide. It provides new aircraft, specialized aircraft solutions, and pre-owned aircraft. The company also offers aftermarket services, including parts, service centers, smart services, training, and technical publications.

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