On Friday, BlackBerry Ltd (NYSE: BB) was 1.80% up from the session before settling in for the closing price of $2.78. A 52-week range for BB has been $2.46 – $5.75.
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During the last 5-year period, the sales growth of Technology Sector giant was 0.54%. When this article was written, the company’s average yearly earnings per share was at -240.00%. With a float of $578.93 million, this company’s outstanding shares have now reached $589.23 million.
Let’s determine the extent of company efficiency that accounts for 2647 employees.
BlackBerry Ltd (BB) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward BlackBerry Ltd stocks. The insider ownership of BlackBerry Ltd is 1.75%, while institutional ownership is 49.87%. The most recent insider transaction that took place on Feb 14 ’24, was worth 97,650. In this transaction Director of this company bought 35,000 shares at a rate of $2.79, taking the stock ownership to the 35,000 shares. Before that another transaction happened on Jan 08 ’24, when Company’s Chief Financial Officer sold 20,047 for $3.25, making the entire transaction worth $65,153. This insider now owns 84,599 shares in total.
BlackBerry Ltd (BB) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -240.00% per share during the next fiscal year.
BlackBerry Ltd (NYSE: BB) Trading Performance Indicators
You can see what BlackBerry Ltd (BB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.01 in one year’s time.
Technical Analysis of BlackBerry Ltd (BB)
Looking closely at BlackBerry Ltd (NYSE: BB), its last 5-days average volume was 4.46 million, which is a drop from its year-to-date volume of 9.38 million. As of the previous 9 days, the stock’s Stochastic %D was 46.62%. Additionally, its Average True Range was 0.15.
During the past 100 days, BlackBerry Ltd’s (BB) raw stochastic average was set at 18.69%, which indicates a significant decrease from 30.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.18% in the past 14 days, which was higher than the 61.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.80, while its 200-day Moving Average is $3.73. However, in the short run, BlackBerry Ltd’s stock first resistance to watch stands at $2.88. Second resistance stands at $2.93. The third major resistance level sits at $2.97. If the price goes on to break the first support level at $2.79, it is likely to go to the next support level at $2.75. Now, if the price goes above the second support level, the third support stands at $2.70.
BlackBerry Ltd (NYSE: BB) Key Stats
There are 589,233K outstanding shares of the company, which has a market capitalization of 1.67 billion. As of now, sales total 853,000 K while income totals -130,000 K. Its latest quarter income was 173,000 K while its last quarter net income were -56,000 K.
