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Bombardier (TSE:BBD.A) Stock Crosses Below Two Hundred Day Moving Average - Here's Why

Bombardier logo with Industrials background

Bombardier Inc. (TSE:BBD.A - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$94.34 and traded as low as C$84.27. Bombardier shares last traded at C$84.68, with a volume of 16,586 shares traded.

Bombardier Price Performance

The stock has a market capitalization of C$933.29 million, a price-to-earnings ratio of 19.58, a PEG ratio of 6.24 and a beta of 2.98. The firm's fifty day moving average is C$83.38 and its 200-day moving average is C$93.78.

About Bombardier

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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.

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