As on Wednesday, BlackBerry Ltd (NYSE: BB) got off with the flyer as it spiked 1.79% to $2.84, before settling in for the price of $2.79 at the close. Taking a more long-term approach, BB posted a 52-week range of $2.46-$5.75.
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It was noted that the giant of the Technology sector posted annual sales growth of 0.54% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is -240.00%. This publicly-traded company’s shares outstanding now amounts to $589.23 million, simultaneously with a float of $578.93 million. The organization now has a market capitalization sitting at $1.67 billion. At the time of writing, stock’s 50-day Moving Average stood at $2.80, while the 200-day Moving Average is $3.70.
BlackBerry Ltd (BB) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Software – Infrastructure industry. BlackBerry Ltd’s current insider ownership accounts for 1.75%, in contrast to 49.86% institutional ownership. According to the most recent insider trade that took place on Feb 14 ’24, this organization’s Director bought 35,000 shares at the rate of 2.79, making the entire transaction reach 97,650 in total value, affecting insider ownership by 35,000. Preceding that transaction, on Jan 08 ’24, Company’s Chief Financial Officer sold 20,047 for 3.25, making the whole transaction’s value amount to 65,153. This particular insider is now the holder of 84,599 in total.
BlackBerry Ltd (BB) Earnings and Revenue Records
BlackBerry Ltd’s EPS decrease for this current 12-month fiscal period is -240.00% and is forecasted to reach -0.01 in the upcoming year.
BlackBerry Ltd (NYSE: BB) Trading Performance Indicators
Let’s observe the current performance indicators for BlackBerry Ltd (BB). It’s Quick Ratio in the last reported quarter now stands at 1.43. The Stock has managed to achieve an average true range (ATR) of 0.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.96.
In the same vein, BB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.24, a figure that is expected to reach -0.04 in the next quarter, and analysts are predicting that it will be -0.01 at the market close of one year from today.
Technical Analysis of BlackBerry Ltd (BB)
Through scrutinizing the latest numbers posted by the [BlackBerry Ltd, BB], it can be observed that its last 5-days Average volume of 3.85 million was lower the volume of 9.19 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 62.45% While, its Average True Range was 0.13.
Raw Stochastic average of BlackBerry Ltd (BB) in the period of the previous 100 days is set at 19.19%, which indicates a major fall in contrast to 36.19% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 52.29% that was lower than 61.85% volatility it exhibited in the past 100-days period.
