Free Trial

BlackBerry (TSE:BB) Stock Passes Above Two Hundred Day Moving Average - Here's Why

BlackBerry logo with Computer and Technology background

BlackBerry Limited (TSE:BB - Get Free Report) NASDAQ: BBRY passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$5.20 and traded as high as C$5.47. BlackBerry shares last traded at C$5.29, with a volume of 2,129,410 shares traded.

Analyst Ratings Changes

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

View Our Latest Research Report on BlackBerry

BlackBerry Stock Performance

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 stock has a market capitalization of C$2.25 billion, a price-to-earnings ratio of -17.53, a PEG ratio of 0.06 and a beta of 1.07. The company's 50-day moving average is C$5.15 and its 200-day moving average is C$5.25.

About BlackBerry

(Get Free Report)

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.

Recommended Stories

Should You Invest $1,000 in BlackBerry Right Now?

Before you consider BlackBerry, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackBerry wasn't on the list.

While BlackBerry currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Congress Is Pouring Millions Into These 6 Surprising Stocks
3 Dirt-Cheap Stocks in a Market That’s Getting Expensive
Top 3 Defense Stocks to Profit From $175 Billion Golden Dome

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines