On Monday, BlackBerry Ltd (NYSE: BB) opened higher 4.74% from the last session, before settling in for the closing price of $2.32. Price fluctuations for BB have ranged from $2.01 to $4.44 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 0.54% over the last five years. Company’s average yearly earnings per share was noted -165.71% at the time writing. With a float of $580.70 million, this company’s outstanding shares have now reached $589.23 million.
The firm has a total of 2647 workers. Let’s measure their productivity. In terms of profitability, gross margin is 66.24%, operating margin of -8.98%, and the pretax margin is -17.23%.
BlackBerry Ltd (BB) Insider Activity
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of BlackBerry Ltd is 1.70%, while institutional ownership is 44.07%. The most recent insider transaction that took place on Sep 28 ’24, was worth 37,963. In this transaction CLO & Corp. Secretary of this company sold 15,005 shares at a rate of $2.53, taking the stock ownership to the 30,129 shares. Before that another transaction happened on Jun 28 ’24, when Company’s President of IoT sold 52,549 for $2.45, making the entire transaction worth $128,745. This insider now owns 214,440 shares in total.
BlackBerry Ltd (BB) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -165.71% per share during the next fiscal year.
BlackBerry Ltd (NYSE: BB) Trading Performance Indicators
Check out the current performance indicators for BlackBerry Ltd (BB). In the past quarter, the stock posted a quick ratio of 1.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.25, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.00 in one year’s time.
Technical Analysis of BlackBerry Ltd (BB)
Analysing the last 5-days average volume posted by the [BlackBerry Ltd, BB], we can find that recorded value of 11.06 million was better than the volume posted last year of 9.04 million. As of the previous 9 days, the stock’s Stochastic %D was 46.30%. Additionally, its Average True Range was 0.10.
During the past 100 days, BlackBerry Ltd’s (BB) raw stochastic average was set at 62.69%, which indicates a significant increase from 51.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.17% in the past 14 days, which was lower than the 41.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.41, while its 200-day Moving Average is $2.60. Now, the first resistance to watch is $2.52. This is followed by the second major resistance level at $2.62. The third major resistance level sits at $2.72. If the price goes on to break the first support level at $2.32, it is likely to go to the next support level at $2.22. Should the price break the second support level, the third support level stands at $2.12.
BlackBerry Ltd (NYSE: BB) Key Stats
There are currently 590,736K shares outstanding in the company with a market cap of 2.02 billion. Presently, the company’s annual sales total 853,000 K according to its annual income of -130,000 K. Last quarter, the company’s sales amounted to 145,000 K and its income totaled -19,000 K.
