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BlackBerry (TSE:BB) Trading Up 13.4% - Should You Buy?

BlackBerry logo with Computer and Technology background

BlackBerry Limited (TSE:BB - Get Free Report) NASDAQ: BBRY's stock price was up 13.4% during mid-day trading on Monday . The stock traded as high as C$4.16 and last traded at C$4.15. Approximately 7,168,884 shares were traded during trading, an increase of 227% from the average daily volume of 2,195,521 shares. The stock had previously closed at C$3.66.

BlackBerry Stock Performance

The business has a 50-day simple moving average of C$3.42 and a 200 day simple moving average of C$3.42. The company has a debt-to-equity ratio of 34.15, a current ratio of 1.44 and a quick ratio of 1.49. The firm has a market cap of C$2.35 billion, a PE ratio of -12.81, a PEG ratio of 0.06 and a beta of 1.07.

BlackBerry (TSE:BB - Get Free Report) NASDAQ: BBRY last released its earnings results on Thursday, September 26th. The company reported C($0.02) EPS for the quarter, topping analysts' consensus estimates of C($0.05) by C$0.03. The company had revenue of C$198.60 million for the quarter. BlackBerry had a negative net margin of 21.66% and a negative return on equity of 17.68%. Equities research analysts forecast that BlackBerry Limited will post 0.0551903 EPS for the current year.

BlackBerry Company Profile

(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.

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