Bombardier (TSE:BBD.A) Reaches New 52-Week High – Time to Buy?

Bombardier Inc. (TSE:BBD.A) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$249.34 and last traded at C$249.34, with a volume of 7723 shares changing hands. The stock had previously closed at C$247.09.

Bombardier Trading Up 1.8%

The stock’s 50 day moving average price is C$224.94 and its 200 day moving average price is C$190.36. The company has a market capitalization of C$24.96 billion, a price-to-earnings ratio of 68.20, a P/E/G ratio of 6.24 and a beta of 1.64.

Bombardier (TSE:BBD.A) last issued its earnings results on Thursday, November 6th. The company reported C$1.21 earnings per share for the quarter. The firm had revenue of C$3.21 billion for the quarter. On average, research analysts expect that Bombardier Inc. will post 8.9265677 earnings per share for the current 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.