Bombardier (TSE:BBD.A) Sets New 1-Year High – Here’s Why

Bombardier Inc. (TSE:BBD.AGet Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as C$246.20 and last traded at C$245.78, with a volume of 4888 shares traded. The stock had previously closed at C$240.27.

Bombardier Trading Down 3.0%

The firm’s 50 day simple moving average is C$221.23 and its 200-day simple moving average is C$186.75. The stock has a market capitalization of C$23.89 billion, a price-to-earnings ratio of 65.26, a price-to-earnings-growth ratio of 6.24 and a beta of 1.64.

Bombardier (TSE:BBD.AGet Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported C$1.21 earnings per share for the quarter. The company had revenue of C$3.21 billion during the quarter. As a group, equities research analysts predict that Bombardier Inc. will post 8.9265677 earnings per share for the current year.

About Bombardier

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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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