On Friday, BlackBerry Ltd (NYSE: BB) was -3.66% drop from the session before settling in for the closing price of $3.82. A 52-week range for BB has been $2.01 – $4.10.
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Annual sales at Technology sector company grew by 0.54% over the past five years. When this article was written, the company’s average yearly earnings per share was at -140.00%. With a float of $581.55 million, this company’s outstanding shares have now reached $591.58 million.
Let’s look at the performance matrix of the company that is accounted for 2647 employees. In terms of profitability, gross margin is 67.27%, operating margin of -4.48%, and the pretax margin is -14.0%.
BlackBerry Ltd (BB) Insider Updates
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 43.98%. 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) Performance Highlights and Predictions
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 1.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.60.
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)
BlackBerry Ltd (NYSE: BB) saw its 5-day average volume 14.85 million, a negative change from its year-to-date volume of 17.88 million. As of the previous 9 days, the stock’s Stochastic %D was 70.90%. Additionally, its Average True Range was 0.21.
During the past 100 days, BlackBerry Ltd’s (BB) raw stochastic average was set at 78.18%, which indicates a significant increase from 70.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 111.14% in the past 14 days, which was higher than the 59.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.76, while its 200-day Moving Average is $2.62. Nevertheless, the first resistance level for the watch stands at $3.85 in the near term. At $4.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.13. If the price goes on to break the first support level at $3.57, it is likely to go to the next support level at $3.45. Assuming the price breaks the second support level, the third support level stands at $3.29.
BlackBerry Ltd (NYSE: BB) Key Stats
There are 591,583K outstanding shares of the company, which has a market capitalization of 2.18 billion. As of now, sales total 853,000 K while income totals -130,000 K. Its latest quarter income was 143,000 K while its last quarter net income were -11,000 K.
