Bombardier (TSE:BBD.A) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Bombardier Inc. (TSE:BBD.A)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$207.13 and traded as high as C$218.67. Bombardier shares last traded at C$217.17, with a volume of 20,688 shares traded.

Bombardier Trading Up 3.1%

The firm has a market capitalization of C$22.21 billion, a P/E ratio of 60.68, a P/E/G ratio of 6.24 and a beta of 1.38. The stock has a 50 day simple moving average of C$207.58 and a 200-day simple moving average of C$170.39.

Bombardier (TSE:BBD.A) last posted its quarterly earnings data on Thursday, November 6th. The company reported C$1.21 earnings per share (EPS) for the quarter. The business had revenue of C$3.21 billion during the quarter. As a group, sell-side analysts expect that Bombardier Inc. will post 8.9265677 earnings per share for the current fiscal year.

Bombardier Company Profile

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.