Bombardier (OTCMKTS:BDRBF) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Shares of Bombardier Inc. (OTCMKTS:BDRBFGet Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $63.11 and traded as high as $73.85. Bombardier shares last traded at $73.85, with a volume of 14,650 shares trading hands.

Analyst Ratings Changes

BDRBF has been the topic of a number of analyst reports. CIBC reaffirmed an “outperform” rating on shares of Bombardier in a report on Friday, May 2nd. Royal Bank of Canada restated an “outperform” rating on shares of Bombardier in a research report on Friday, May 2nd.

View Our Latest Stock Analysis on Bombardier

Bombardier Stock Performance

The firm’s 50-day simple moving average is $63.11 and its 200-day simple moving average is $63.33.

Bombardier Company Profile

(Get Free Report)

Bombardier Inc engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide. It provides new aircraft, specialized aircraft solutions, and pre-owned aircraft. The company also offers aftermarket services, including parts, service centers, smart services, training, and technical publications.

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