Free Trial

BlackBerry (TSE:BB) Stock Price Passes Above 200-Day Moving Average - Time to Sell?

BlackBerry logo with Computer and Technology background

BlackBerry Limited (TSE:BB - Get Free Report) NASDAQ: BBRY shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$3.77 and traded as high as C$6.00. BlackBerry shares last traded at C$5.98, with a volume of 2,080,507 shares traded.

Wall Street Analyst Weigh In

Separately, TD Securities upgraded BlackBerry from a "hold" rating to a "strong-buy" rating in a research note on Friday, December 20th.

View Our Latest Analysis on BlackBerry

BlackBerry Stock Performance

The firm has a market cap of C$3.53 billion, a P/E ratio of -19.29, a P/E/G ratio of 0.06 and a beta of 1.07. The company has a debt-to-equity ratio of 34.15, a quick ratio of 1.49 and a current ratio of 1.44. The business's 50-day simple moving average is C$4.77 and its 200 day simple moving average is C$3.79.

Insider Transactions at BlackBerry

In other news, Senior Officer Marjorie Jill Dickman sold 5,737 shares of the firm's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of C$5.76, for a total transaction of C$33,045.12. Corporate insiders own 1.70% of the company's stock.

About BlackBerry

(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.

Featured Stories

Should You Invest $1,000 in BlackBerry Right Now?

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

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in May 2025
3 Stocks Offering Rare Generational Buying Opportunities
Make Your Money Work Harder: The Power of Dividend Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines