Bombardier (TSE:BBD.A) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Shares of Bombardier Inc. (TSE:BBD.AGet Free Report) passed 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.

Bombardier Trading Down 9.9 %

The business has a 50 day moving average of C$84.10 and a two-hundred day moving average of C$94.23. The firm has a market cap of C$942.06 million, a P/E ratio of 19.76, a PEG ratio of 6.24 and a beta of 2.98.

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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