BlackBerry Limited (TSE:BB) Senior Officer Philip Simon Kurtz Sells 16,217 Shares

BlackBerry Limited (TSE:BB - Get Free Report) NASDAQ: BBRY Senior Officer Philip Simon Kurtz sold 16,217 shares of the stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of C$7.20, for a total value of C$116,762.40.

BlackBerry Stock Down 2.2%

TSE BB traded down C$0.14 on Friday, hitting C$6.31. 1,472,454 shares of the stock were exchanged, compared to its average volume of 2,502,264. BlackBerry Limited has a fifty-two week low of C$2.89 and a fifty-two week high of C$8.86. The company has a 50-day moving average price of C$5.36 and a 200-day moving average price of C$5.72. The company has a quick ratio of 1.49, a current ratio of 1.37 and a debt-to-equity ratio of 30.90. The company has a market cap of C$2.61 billion, a PE ratio of -20.33, a PEG ratio of 0.06 and a beta of 1.07.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group boosted their price objective on BlackBerry from C$3.00 to C$4.75 and gave the stock a "hold" rating in a research report on Tuesday, March 11th.

BlackBerry Company Profile

BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylanceENDPOINT, an integrated endpoint security solution; CylanceGUARD, a managed detection and response solution; CylanceEDGE, an AI-powered continuous authentication zero trust network access solution; CylanceINTELLIGENCE, a contextual cyber threat intelligence service; BlackBerry Dynamics offers a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice and video; BlackBerry SecuSUITE is a certified, multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions.

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