Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant gain of 5.82% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 55.64%. Over the past 30 days, the price of BB has fallen by 18.69%. And in the last five days, it has surged by 6.38%.
BlackBerry Ltd experienced a rather steady stock market performance.
52-week price history of BB Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. BlackBerry Ltd’s current trading price is -35.90% away from its 52-week high, while its distance from the 52-week low is 99.00%. The stock’s price range during this period has varied between$2.01 and $6.24. The BlackBerry Ltd’s shares, which operate in the Technology, saw a trading volume of around 8.43 million for the day, a figure considerably lower than their average daily volume of 15.18 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
BlackBerry Ltd (BB) has experienced a quarterly decline of -8.88% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.39B and boasts a workforce of 1820 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
BB’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for BB stands at 0.33. Similarly, the long-term debt-to-equity ratio is also 0.31.