Bombardier (TSE:BBD.A) Shares Cross Above 50 Day Moving Average – Time to Sell?

Bombardier Inc. (TSE:BBD.AGet Free Report)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$97.62 and traded as high as C$107.02. Bombardier shares last traded at C$105.25, with a volume of 14,855 shares changing hands.

Bombardier Price Performance

The firm has a 50-day simple moving average of C$97.62 and a 200 day simple moving average of C$87.00. The firm has a market cap of C$1.30 billion, a PE ratio of 27.27, a price-to-earnings-growth ratio of 6.24 and a beta of 2.98.

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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