Bombardier (TSE:BBD.A) Stock Price Crosses Above 50 Day Moving Average of $35.78

Bombardier, Inc. (TSE:BBD.AGet Rating) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$35.78 and traded as high as C$44.84. Bombardier shares last traded at C$44.30, with a volume of 1,289 shares changing hands.

Bombardier Stock Performance

The company has a market cap of C$4.16 billion and a price-to-earnings ratio of -10.00. The firm has a fifty day moving average price of C$35.78 and a 200 day moving average price of C$26.51.

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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