BlackBerry Ltd (BB) is heading in the right direction with an average volume of $11.30M

BlackBerry Ltd (NYSE: BB) started the day on Thursday, with a price decrease of -1.00% at $2.98, before settling in for the price of $3.01 at the close. Taking a more long-term approach, BB posted a 52-week range of $2.01-$4.31.

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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 -146.71%. This publicly-traded company’s shares outstanding now amounts to $590.73 million, simultaneously with a float of $580.71 million. The organization now has a market capitalization sitting at $1.76 billion. At the time of writing, stock’s 50-day Moving Average stood at $2.53, while the 200-day Moving Average is $2.58.

BlackBerry Ltd (BB) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Infrastructure Industry. BlackBerry Ltd’s current insider ownership accounts for 1.70%, in contrast to 44.06% institutional ownership. According to the most recent insider trade that took place on Sep 28 ’24, this organization’s CLO & Corp. Secretary sold 15,005 shares at the rate of 2.53, making the entire transaction reach 37,963 in total value, affecting insider ownership by 30,129. Preceding that transaction, on Jun 28 ’24, Company’s President of IoT sold 52,549 for 2.45, making the whole transaction’s value amount to 128,745. This particular insider is now the holder of 214,440 in total.

BlackBerry Ltd (BB) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.

BlackBerry Ltd’s EPS decrease for this current 12-month fiscal period is -146.71% and is forecasted to reach 0.02 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 1.44. The Stock has managed to achieve an average true range (ATR) of 0.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.76.

In the same vein, BB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.25, a figure that is expected to reach 0.01 in the next quarter, and analysts are predicting that it will be 0.02 at the market close of one year from today.

Technical Analysis of BlackBerry Ltd (BB)

If we take a close look at the recent performances of BlackBerry Ltd (NYSE: BB), its last 5-days Average volume was 19.37 million that shows progress from its year to date volume of 9.57 million. During the previous 9 days, stock’s Stochastic %D was recorded 72.29% While, its Average True Range was 0.18.

Raw Stochastic average of BlackBerry Ltd (BB) in the period of the previous 100 days is set at 78.23%, which indicates a major rise in contrast to 63.51% 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 86.46% that was higher than 50.35% volatility it exhibited in the past 100-days period.