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Anchoring Your Portfolio: Is BB Stock a Safe Harbor?

BlackBerry Ltd experienced a rather shaky stock market performance. The highest value in the past year was recorded at $4.44 on 12/15/23 and the lowest value was $2.01 on 08/05/24.

52-week price history of BB Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. BlackBerry Ltd’s current trading price is -43.92% away from its 52-week high, while its distance from the 52-week low is 23.88%. The stock’s price range during the 52-week period has remained between $2.01 and $4.44. In the Technology sector, the company’s shares saw a trading volume of around 7.8 million for the day, which was evidently higher than the average daily volume of 6.32 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

BlackBerry Ltd (BB) has experienced a quarterly decline of -0.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.47B and boasts a workforce of 2647 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.45, with a change in price of -0.52. Similarly, BlackBerry Ltd recorded 7,960,257 in trading volume during the last 100 days, posting a change of -17.28%.

Examining BB’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for BB stands at 0.34. Similarly, the long-term debt-to-equity ratio is also 0.32.

BB Stock Stochastic Average

As of today, BlackBerry Ltd’s raw stochastic average for the last 50 days stands at 77.42%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 60.00%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 45.71% and 33.97%, respectively.

BB Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price loss of -29.66% this year. Over the last six months, there has been a stronger performance of -18.36%. The price of BB fallen by 0.81% during the last 30 days period. For the last 5-days stocks have improved 5.51%.

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