BlackBerry Limited (TSE:BB - Get Free Report) NASDAQ: BBRY's share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$5.31 and traded as high as C$5.52. BlackBerry shares last traded at C$5.51, with a volume of 1,682,895 shares.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group lifted their target price 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.
Read Our Latest Report on BB
BlackBerry Stock Performance
The company has a debt-to-equity ratio of 30.90, a current ratio of 1.37 and a quick ratio of 1.49. The firm has a 50-day moving average price of C$5.03 and a two-hundred day moving average price of C$5.37. The firm has a market capitalization of C$2.14 billion, a P/E ratio of -16.69, a P/E/G ratio of 0.06 and a beta of 1.07.
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.
Read More
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
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
