Bombardier (TSE:BBD.A) Stock Price Crosses Below 50 Day Moving Average of $1.79

Shares of Bombardier, Inc. (TSE:BBD.A) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$1.79 and traded as low as C$1.74. Bombardier shares last traded at C$1.82, with a volume of 92,407 shares changing hands.

The company has a market capitalization of C$4.44 billion and a price-to-earnings ratio of 0.82. The firm has a 50-day moving average price of C$1.79 and a 200-day moving average price of C$1.88.

Bombardier Company Profile (TSE:BBD.A)

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide. The company operates in four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment designs, manufactures, and markets business jets, as well as provides aftermarket support services.

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