Bombardier (TSE:BBD.A) Share Price Passes Above Fifty Day Moving Average of $58.69

Shares of Bombardier, Inc. (TSE:BBD.AGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$58.69 and traded as high as C$73.29. Bombardier shares last traded at C$72.05, with a volume of 7,815 shares traded.

Bombardier Price Performance

The company has a 50 day simple moving average of C$58.69 and a 200-day simple moving average of C$53.22. The stock has a market capitalization of C$889.82 million, a P/E ratio of 11.28 and a beta of 2.96.

About Bombardier

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Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide. The company operates in four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment designs, manufactures, and markets business jets, as well as provides aftermarket support services.

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