For the readers interested in the stock health of BlackBerry Limited (BB). It is currently valued at $8.61. When the transactions were called off in the previous session, Stock hit the highs of $8.91, after setting-off with the price of $8.89. Company’s stock value dipped to $8.57 during the trading on the day. When the trading was stopped its value was $8.83.
Recently in News on April 29, 2021, BlackBerry QNX and Carleton University Join Forces in $21 Million USD Partnership to Train Next Generation of Software Engineers. – BlackBerry Limited (NYSE: BB; TSX: BB) and Carleton University today announced a $21-million USD, five year strategic partnership agreement that will provide software engineers and researchers access to BlackBerry® QNX® technology for use in a wide range of industries, including automotive, robotics, transportation, Internet of things (IoT), aerospace and medical devices. 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 111.55%
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 -70.07% during the 52-week period from high price, and 116.88% 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 $3.97 and $28.77.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 5724859 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 29.86%, having the revenues showcasing -41.15% 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 4.98B, 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 10.09, with a change in the price was noted +0.36. In a similar fashion, BlackBerry Limited posted a movement of +4.36% for the period of last 100 days, recording 35,555,582 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 12.74%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 34.97%. In the last 20 days, the company’s Stochastic %K was 48.67% and its Stochastic %D was recorded 61.49%.
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 29.86%. Additionally, trading for the stock in the period of the last six months notably improved by 86.77%, alongside a boost of 111.55% for the period of the last 12 months. The shares increased approximately by -5.28% in the 7-day charts and went down by 0.12% in the period of the last 30 days. Common stock shares were lifted by -41.15% during last recorded quarter.