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Bombardier Class C Preference inches higher, resistance at 12-day EMA March 01, 2017 17:00 EST

Mar 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Bombardier Inc. (TSX:BBD.PR.C), Canada's 6th largest Aerospace & defense company by market cap, has increased 0.2% but fell short of the 12-day Exponential Moving Average [EMA] of CAD17.92. Compared with the S&P/TSX 60 Index which rose 11.1 points (1.2%) in the day, the relative price change was -1.0%. The volume was 0.4 times the average daily trading volume of 13,314 preference shares. The preference stock last traded at CAD17.84.

DIRECTORS BUYING

Brennan, Daniel insider bought 10,000 preference shares worth CAD23,700 on February 27. The price was CAD2.37....