Bombardier (TSE:BBD.A) Hits New 12-Month High – Here’s Why

Bombardier Inc. (TSE:BBD.A) reached a new 52-week high during trading on Monday . The stock traded as high as C$299.79 and last traded at C$299.79, with a volume of 814 shares changing hands. The stock had previously closed at C$290.06.

Bombardier Stock Up 1.3%

The firm’s 50 day simple moving average is C$259.13 and its 200-day simple moving average is C$246.71. The company has a market capitalization of C$29.56 billion, a PE ratio of 33.18, a P/E/G ratio of 6.24 and a beta of 1.92.

Bombardier (TSE:BBD.A) last issued its earnings results on Thursday, April 30th. The company reported C$2.52 EPS for the quarter. The business had revenue of C$2.22 billion during the quarter. As a group, sell-side analysts anticipate that Bombardier Inc. will post 8.9265677 EPS for the current fiscal year.

Bombardier Company Profile

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.