Bombardier (TSE:BBD.A) Shares Cross Above 50-Day Moving Average – Time to Sell?

Shares of Bombardier Inc. (TSE:BBD.A) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$241.84 and traded as high as C$256.99. Bombardier shares last traded at C$242.18, with a volume of 15,203 shares.

Bombardier Stock Performance

The company has a market cap of C$24.25 billion, a P/E ratio of 66.27, a price-to-earnings-growth ratio of 6.24 and a beta of 1.44. The business’s fifty day moving average is C$242.17 and its two-hundred day moving average is C$206.40.

Bombardier (TSE:BBD.A) last issued its earnings results on Thursday, February 12th. The company reported C$6.59 EPS for the quarter. The company had revenue of C$4.95 billion for the quarter. Analysts expect 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.