BlackBerry Limited (TSE:BB - Get Free Report) NASDAQ: BBRY shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$5.65 and traded as high as C$6.01. BlackBerry shares last traded at C$5.82, with a volume of 3,127,676 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group boosted their price target on BlackBerry from C$3.00 to C$4.75 and gave the company a "hold" rating in a research note on Tuesday, March 11th.
View Our Latest Stock Analysis on BB
BlackBerry Stock Performance
The firm's 50 day moving average price is C$5.22 and its 200-day moving average price is C$5.65. 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 firm has a market capitalization of C$2.41 billion, a PE ratio of -18.75, a price-to-earnings-growth ratio of 0.06 and a beta of 1.07.
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.
Further Reading
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