On Monday, BlackBerry Ltd (NYSE: BB) was -0.39% drop from the session before settling in for the closing price of $2.57. A 52-week range for BB has been $2.01 – $4.44.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 0.54%. When this article was written, the company’s average yearly earnings per share was at -165.71%. With a float of $580.71 million, this company’s outstanding shares have now reached $590.73 million.
The extent of productivity of a business whose workforce counts for 2647 workers is very important to gauge. 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 and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward BlackBerry Ltd stocks. The insider ownership of BlackBerry Ltd is 1.70%, while institutional ownership is 44.04%. 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) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 8/31/2024, it has been observed that the corporation posted 0.01 earnings per share (EPS) during the time that was better than consensus figure (set at -0.02) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
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
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 1.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.37.
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)
The latest stats from [BlackBerry Ltd, BB] show that its last 5-days average volume of 12.82 million was superior to 9.11 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 71.60%. Additionally, its Average True Range was 0.10.
During the past 100 days, BlackBerry Ltd’s (BB) raw stochastic average was set at 80.29%, which indicates a significant increase from 66.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.32% in the past 14 days, which was higher than the 39.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.43, while its 200-day Moving Average is $2.57. Now, the first resistance to watch is $2.62. This is followed by the second major resistance level at $2.68. The third major resistance level sits at $2.73. If the price goes on to break the first support level at $2.51, it is likely to go to the next support level at $2.46. The third support level lies at $2.40 if the price breaches the second support level.
BlackBerry Ltd (NYSE: BB) Key Stats
There are 591,513K outstanding shares of the company, which has a market capitalization of 1.51 billion. As of now, sales total 853,000 K while income totals -130,000 K. Its latest quarter income was 145,000 K while its last quarter net income were -19,000 K.
