Shares of BlackBerry Limited (TSE:BB - Get Free Report) NASDAQ: BBRY crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$5.41 and traded as high as C$5.74. BlackBerry shares last traded at C$5.72, with a volume of 3,152,347 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group upped their price target on BlackBerry from C$3.00 to C$4.75 and gave the stock a "hold" rating in a report on Tuesday, March 11th.
Check Out Our Latest Stock Report on BlackBerry
BlackBerry Stock Performance
The stock has a 50-day moving average of C$4.95 and a 200 day moving average of C$5.45. The stock has a market cap of C$2.24 billion, a PE ratio of -17.40, a P/E/G ratio of 0.06 and a beta of 1.07. The company has a quick ratio of 1.49, a current ratio of 1.37 and a debt-to-equity ratio of 30.90.
BlackBerry Company Profile
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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.
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