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Bombardier (TSE:BBD.A) Share Price Passes Below 200-Day Moving Average - Should You Sell?

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Bombardier Inc. (TSE:BBD.A - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$94.55 and traded as low as C$85.59. Bombardier shares last traded at C$85.98, with a volume of 8,433 shares trading hands.

Bombardier Price Performance

The company's 50-day simple moving average is C$85.06 and its 200-day simple moving average is C$94.57. The company has a market cap of C$991.71 million, a price-to-earnings ratio of 20.80, a P/E/G ratio of 6.24 and a beta of 2.98.

Bombardier Company Profile

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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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