Bombardier (TSE:BBD.A) Hits New 12-Month High – Here’s Why

Bombardier Inc. (TSE:BBD.A) reached a new 52-week high on Monday . The company traded as high as C$299.79 and last traded at C$299.79, with a volume of 814 shares. The stock had previously closed at C$290.06.

Bombardier Stock Up 1.3%

The business’s 50 day moving average price is C$259.13 and its 200-day moving average price is C$246.71. The company has a market cap of C$29.56 billion, a PE ratio of 33.18, a price-to-earnings-growth ratio of 6.24 and a beta of 1.92.

Bombardier (TSE:BBD.A) last released its quarterly earnings results on Thursday, April 30th. The company reported C$2.52 earnings per share for the quarter. The firm had revenue of C$2.22 billion for the quarter. Equities analysts expect that Bombardier Inc. will post 8.9265677 earnings per share for the current year.

Bombardier Company Profile

At Bombardier (BBD-B.TO), we design, build, modify and maintain the world’s best-performing aircraft for the world’s most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs. For them, we are committed to pioneering the future of aviation – innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect.