Bombardier (TSE:BBD.A) Hits New 52-Week High – Should You Buy?

Bombardier Inc. (TSE:BBD.A)’s share price reached a new 52-week high during trading on Friday . The company traded as high as C$289.40 and last traded at C$289.40, with a volume of 35742 shares. The stock had previously closed at C$242.13.

Bombardier Trading Up 19.5%

The stock has a 50 day simple moving average of C$255.39 and a 200 day simple moving average of C$237.71. The stock has a market cap of C$28.65 billion, a P/E ratio of 32.34, a price-to-earnings-growth ratio of 6.24 and a beta of 1.77.

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

About Bombardier

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.