Bombardier (TSE:BBD.A) Hits New 1-Year High – Here’s Why

Shares of Bombardier Inc. (TSE:BBD.A) reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$282.34 and last traded at C$277.93, with a volume of 8322 shares trading hands. The stock had previously closed at C$277.01.

Bombardier Trading Up 0.3%

The firm has a market capitalization of C$27.51 billion, a P/E ratio of 31.05, a P/E/G ratio of 6.24 and a beta of 1.44. The stock’s 50-day simple moving average is C$250.51 and its 200-day simple moving average is C$212.93.

Bombardier (TSE:BBD.A) last released its earnings results on Thursday, February 12th. The company reported C$6.59 earnings per share (EPS) for the quarter. The business had revenue of C$4.95 billion during the quarter. On average, equities research analysts expect that Bombardier Inc. will post 8.9265677 EPS for the current 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.