Bombardier (TSE:BBD.A) Stock Passes Above 50-Day Moving Average – Should You Sell?

Bombardier Inc. (TSE:BBD.AGet Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$191.66 and traded as high as C$218.31. Bombardier shares last traded at C$209.57, with a volume of 18,631 shares.

Bombardier Price Performance

The stock’s fifty day moving average price is C$193.96 and its 200-day moving average price is C$154.18. The firm has a market cap of C$21.14 billion, a PE ratio of 57.77, a price-to-earnings-growth ratio of 6.24 and a beta of 1.40.

Bombardier (TSE:BBD.AGet Free Report) last posted its quarterly earnings results on Thursday, November 6th. The company reported C$0.45 earnings per share for the quarter. The business had revenue of C$3.21 billion for the quarter. On average, sell-side analysts anticipate that Bombardier Inc. will post 8.9265677 earnings per share for the current fiscal year.

Bombardier Company Profile

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Bombardier is a global leader in aviation, focused on designing, manufacturing and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

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