Bombardier (TSE:BBD.A) Reaches New 1-Year High – Here’s What Happened

Bombardier Inc. (TSE:BBD.AGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$276.15 and last traded at C$274.22, with a volume of 3141 shares traded. The stock had previously closed at C$275.18.

Bombardier Stock Performance

The stock has a market cap of C$27.05 billion, a PE ratio of 73.92, a price-to-earnings-growth ratio of 6.24 and a beta of 1.64. The firm has a fifty day moving average price of C$229.95 and a 200 day moving average price of C$194.18.

Bombardier (TSE:BBD.AGet Free Report) last announced its earnings results on Thursday, November 6th. The company reported C$1.21 earnings per share for the quarter. The business had revenue of C$3.21 billion for the quarter. On average, equities research analysts forecast that Bombardier Inc. will post 8.9265677 earnings per share for the current year.

Bombardier Company Profile

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Bombardier is a global leader in aviation, focused on designing, manufacturing and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

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