At the end of the latest market close, BlackBerry Limited (BB) was valued at $9.13. In that particular session, Stock kicked-off at the price of $9.09 while reaching the peak value of $9.28 and lowest value recorded on the day was $8.96. The stock current value is $9.03.
Recently in News on April 12, 2021, The Government of Canada Selects BlackBerry for Secure Productivity and Secure Communications. BlackBerry Limited (NYSE: BB; TSX: BB) today announced the Government of Canada has selected BlackBerry for their secure productivity and secure communications needs. The Government of Canada also relies on BlackBerry for critical event management. You can read further details here
BlackBerry Limited had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $28.77 on 01/27/21, with the lowest value was $6.51 for the same time period, recorded on 01/04/21.
BlackBerry Limited (BB) full year performance was 140.16%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, BlackBerry Limited shares are logging -68.61% during the 52-week period from high price, and 146.72% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.66 and $28.77.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 6454606 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the BlackBerry Limited (BB) recorded performance in the market was 36.20%, having the revenues showcasing 19.44% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 5.27B, as it employees total of 3497 workers.
Specialists analysis on BlackBerry Limited (BB)
During the last month, 1 analysts gave the BlackBerry Limited a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 3 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 9.71, with a change in the price was noted +3.92. In a similar fashion, BlackBerry Limited posted a movement of +76.71% for the period of last 100 days, recording 41,066,645 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BB is recording 0.48 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.48.
Trends and Technical analysis: BlackBerry Limited (BB)
Raw Stochastic average of BlackBerry Limited in the period of last 50 days is set at 6.86%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 16.13%. In the last 20 days, the company’s Stochastic %K was 20.22% and its Stochastic %D was recorded 19.20%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 36.20%. Additionally, trading for the stock in the period of the last six months notably improved by 96.30%, alongside a boost of 140.16% for the period of the last 12 months. The shares increased approximately by -2.90% in the 7-day charts and went up by -15.61% in the period of the last 30 days. Common stock shares were driven by 19.44% during last recorded quarter.