Bombardier (TSE:BBD.A) Hits New 1-Year High – Should You Buy?

Shares of Bombardier Inc. (TSE:BBD.AGet Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as C$236.23 and last traded at C$234.83, with a volume of 11325 shares traded. The stock had previously closed at C$230.11.

Bombardier Price Performance

The stock has a market capitalization of C$23.29 billion, a price-to-earnings ratio of 63.64, a price-to-earnings-growth ratio of 6.24 and a beta of 1.40. The stock has a 50-day moving average of C$203.74 and a 200 day moving average of C$163.89.

Bombardier (TSE:BBD.AGet Free Report) last issued its earnings results on Thursday, November 6th. The company reported C$1.21 earnings per share (EPS) for the quarter. The business had revenue of C$3.21 billion during the quarter. Sell-side analysts anticipate that Bombardier Inc. will post 8.9265677 earnings per share for the current fiscal year.

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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