Bombardier (TSE:BBD.A) Stock Crosses Above 50 Day Moving Average of $19.72

Bombardier, Inc. (TSE:BBD.AGet Rating)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$19.72 and traded as high as C$26.90. Bombardier shares last traded at C$26.73, with a volume of 19,620 shares changing hands.

Bombardier Stock Performance

The stock has a market capitalization of C$2.61 billion and a P/E ratio of -6.03. The company’s fifty day simple moving average is C$19.72 and its two-hundred day simple moving average is C$7.85.

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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