BB (BlackBerry Ltd) climbed 2.71 at the last close: Is This Today’s Most Popular Stock?

On Monday, BlackBerry Ltd (NYSE: BB) was 2.71% up from the session before settling in for the closing price of $3.69. A 52-week range for BB has been $2.01 – $3.89.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Technology Sector giant saw their annual sales surged by 0.54% over the last five years. When this article was written, the company’s average yearly earnings per share was at -140.00%. With a float of $580.71 million, this company’s outstanding shares have now reached $591.58 million.

The firm has a total of 2647 workers. Let’s measure their productivity. In terms of profitability, gross margin is 73.9%, operating margin of 1.65%, and the pretax margin is -6.05%.

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 1.70%, while institutional ownership is 44.05%. 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) Recent Fiscal highlights

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

According to the Wall Street analysts, stocks earnings will be around -140.00% 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 1.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.70.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.22, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.05 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 23.84 million was better than the volume posted last year of 9.75 million. As of the previous 9 days, the stock’s Stochastic %D was 85.10%. Additionally, its Average True Range was 0.20.

During the past 100 days, BlackBerry Ltd’s (BB) raw stochastic average was set at 99.44%, which indicates a significant increase from 99.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 117.26% in the past 14 days, which was higher than the 59.88% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.58, while its 200-day Moving Average is $2.59. Now, the first resistance to watch is $3.86. This is followed by the second major resistance level at $3.92. The third major resistance level sits at $4.05. If the price goes on to break the first support level at $3.67, it is likely to go to the next support level at $3.54. Now, if the price goes above the second support level, the third support stands at $3.48.

BlackBerry Ltd (NYSE: BB) Key Stats

There are 591,583K outstanding shares of the company, which has a market capitalization of 2.24 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.