Bombardier (TSE:BBD.A) Stock Crosses Above 50 Day Moving Average – What’s Next?

Shares of Bombardier Inc. (TSE:BBD.A) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$250.51 and traded as high as C$279.70. Bombardier shares last traded at C$277.01, with a volume of 8,487 shares traded.

Bombardier Trading Up 1.5%

The stock’s 50-day moving average price is C$250.51 and its two-hundred day moving average price is C$212.93. The stock has a market capitalization of C$27.42 billion, a P/E ratio of 30.95, a P/E/G ratio of 6.24 and a beta of 1.44.

Bombardier (TSE:BBD.A) last announced its quarterly earnings data on Thursday, February 12th. The company reported C$6.59 earnings per share for the quarter. The firm had revenue of C$4.95 billion during the quarter. On average, equities research analysts predict 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.