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BlackBerry Limited (BB): The stock ticks all the boxes for top investors

BlackBerry Limited (BB) is priced at $4.28 after the most recent trading session. At the very opening of the session, the stock price was $4.18 and reached a high price of $4.29, prior to closing the session it reached the value of $4.26. The stock touched a low price of $4.12.Recently in News on January 24, 2023, BlackBerry Announces First OpenChain Security Assurance Specification Conformance in the Americas. New Certification Strengthens BlackBerry’s Software Supply Chain and Provides Customers Another Layer of Security. You can read further details here

BlackBerry Limited had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $4.35 on 01/18/23, with the lowest value was $3.27 for the same time period, recorded on 01/03/23.

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BlackBerry Limited (BB) full year performance was -52.08%

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 -48.86% during the 52-week period from high price, and 35.17% 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 $3.17 and $8.38.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1557939 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 30.67%, having the revenues showcasing -1.84% 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 2.43B, as it employees total of 3325 workers.

The Analysts eye on BlackBerry Limited (BB)

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 4.59, with a change in the price was noted -1.76. In a similar fashion, BlackBerry Limited posted a movement of -29.06% for the period of last 100 days, recording 6,661,208 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 0.29 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Technical rundown of BlackBerry Limited (BB)

Raw Stochastic average of BlackBerry Limited in the period of last 50 days is set at 52.84%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 94.61%. In the last 20 days, the company’s Stochastic %K was 90.65% and its Stochastic %D was recorded 86.60%.

Considering, the past performance of BlackBerry Limited, 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 30.67%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -28.16%, alongside a downfall of -52.08% for the period of the last 12 months. The shares increased approximately by 11.81% in the 7-day charts and went up by 2.65% in the period of the last 30 days. Common stock shares were lifted by -1.84% during last recorded quarter.

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