BlackBerry Limited (TSE:BB - Get Free Report) NASDAQ: BBRY's share 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 changing hands.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group upped their target price on shares of BlackBerry from C$3.00 to C$4.75 and gave the company a "hold" rating in a report on Tuesday, March 11th.
Get Our Latest Analysis on BB
BlackBerry Stock Performance
The firm's fifty day moving average price is C$5.11 and its 200-day moving average price is C$5.62. The company has a current ratio of 1.37, a quick ratio of 1.49 and a debt-to-equity ratio of 30.90. The firm has a market cap of C$2.45 billion, a price-to-earnings ratio of -19.04, a PEG 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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