BlackBerry Limited (TSE:BB - Get Free Report) NASDAQ: BBRY's stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$5.56 and traded as high as C$5.75. BlackBerry shares last traded at C$5.71, with a volume of 1,566,879 shares trading hands.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group boosted their target price on shares of BlackBerry from C$3.00 to C$4.75 and gave the stock a "hold" rating in a research note on Tuesday, March 11th.
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BlackBerry Trading Down 2.6%
The business's fifty day moving average is C$5.04 and its 200-day moving average is C$5.56. 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 cap of C$2.30 billion, a P/E ratio of -17.91, a price-to-earnings-growth ratio of 0.06 and a beta of 1.07.
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.
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