June 21, 2022, BlackBerry Limited (NYSE: BB) trading session started at the price of $5.40, that was 1.54% jump from the session before. During the day, the shares moved up to $5.45 and dropped to $5.26 before settling in for the closing price of $5.19. A 52-week range for BB has been $4.70 – $13.87.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -11.30%. When this article was written, the company’s average yearly earnings per share was at 101.10%. With a float of $566.95 million, this company’s outstanding shares have now reached $575.80 million.
Considering the fact that the conglomerate employs 3325 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +42.06, operating margin of -29.81, and the pretax margin is +2.65.
BlackBerry Limited (BB) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward BlackBerry Limited stocks. The insider ownership of BlackBerry Limited is 11.20%, while institutional ownership is 56.60%. The most recent insider transaction that took place on May 13, was worth 390,558. In this transaction Chief Gv Aff & Pub Pol Officer of this company sold 68,519 shares at a rate of $5.70, taking the stock ownership to the 0 shares. Before that another transaction happened on Apr 02, when Company’s Chief Gv Aff & Pub Pol Officer sold 16,194 for $6.90, making the entire transaction worth $111,739. This insider now owns 68,519 shares in total.
BlackBerry Limited (BB) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 8/30/2021, it has been observed that the corporation posted -$0.06 earnings per share (EPS) during the time that was better than consensus figure (set at -$0.07) by $0.01. This company achieved a net margin of +1.67 while generating a return on equity of 0.78. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 101.10% per share during the next fiscal year.
BlackBerry Limited (NYSE: BB) Trading Performance Indicators
You can see what BlackBerry Limited (BB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.00, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.10 in one year’s time.
Technical Analysis of BlackBerry Limited (BB)
Compared to the last year’s volume of 8.71 million, its volume of 8.58 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 18.21%. Additionally, its Average True Range was 0.37.
During the past 100 days, BlackBerry Limited’s (BB) raw stochastic average was set at 15.60%, which indicates a significant decrease from 22.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.39% in the past 14 days, which was higher than the 65.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.88, while its 200-day Moving Average is $8.15. Nevertheless, the first resistance level for the watch stands at $5.39 in the near term. At $5.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.58. If the price goes on to break the first support level at $5.20, it is likely to go to the next support level at $5.14. Now, if the price goes above the second support level, the third support stands at $5.01.
BlackBerry Limited (NYSE: BB) Key Stats
There are 577,169K outstanding shares of the company, which has a market capitalization of 2.98 billion. As of now, sales total 718,000 K while income totals 12,000 K. Its latest quarter income was 185,000 K while its last quarter net income were 144,000 K.