BlackBerry Limited (TSE:BB - Get Free Report) NASDAQ: BBRY shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$5.83 and traded as high as C$5.92. BlackBerry shares last traded at C$5.90, with a volume of 2,448,114 shares trading hands.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group boosted 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 Analysis on BB
BlackBerry Stock Performance
The stock's 50-day simple moving average is C$5.59 and its 200 day simple moving average is C$5.83. The company has a debt-to-equity ratio of 30.90, a quick ratio of 1.49 and a current ratio of 1.37. The company has a market capitalization of C$2.41 billion, a PE ratio of -18.72, a P/E/G ratio of 0.06 and a beta of 1.07.
Insider Transactions at BlackBerry
In other BlackBerry news, Senior Officer Philip Simon Kurtz sold 16,217 shares of the firm's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of C$7.20, for a total transaction of C$116,762.40. 1.70% of the stock is owned by corporate insiders.
About BlackBerry
(
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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.
Further Reading
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