BlackBerry Ltd (NYSE: BB) kicked off on Friday, down -5.23% from the previous trading day, before settling in for the closing price of $4.21. Over the past 52 weeks, BB has traded in a range of $2.01-$4.35.
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A company in the Technology sector has jumped its sales by 0.54% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -83.33%. With a float of $581.17 million, this company’s outstanding shares have now reached $591.58 million.
In an organization with 2647 employees, it is important to assess its efficiency. 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
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of BlackBerry Ltd is 1.76%, while institutional ownership is 43.99%. The most recent insider transaction that took place on Jan 06 ’25, was worth 50,720. In this transaction President of IoT of this company sold 12,680 shares at a rate of $4.00, taking the stock ownership to the 278,306 shares. Before that another transaction happened on Jan 06 ’25, when Company’s CEO & President, Cybersecurity sold 29,402 for $4.00, making the entire transaction worth $117,608. This insider now owns 490,761 shares in total.
BlackBerry Ltd (BB) Performance Highlights and Predictions
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 -83.33% per share during the next fiscal year.
BlackBerry Ltd (NYSE: BB) Trading Performance Indicators
Take a look at BlackBerry Ltd’s (BB) current performance indicators. Last quarter, stock had a quick ratio of 1.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.90.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 17.17 million. That was inferior than the volume of 19.43 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 61.80%. Additionally, its Average True Range was 0.23.
During the past 100 days, BlackBerry Ltd’s (BB) raw stochastic average was set at 83.10%, which indicates a significant increase from 50.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.32% in the past 14 days, which was lower than the 62.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.07, while its 200-day Moving Average is $2.68. However, in the short run, BlackBerry Ltd’s stock first resistance to watch stands at $4.18. Second resistance stands at $4.37. The third major resistance level sits at $4.48. If the price goes on to break the first support level at $3.88, it is likely to go to the next support level at $3.77. Assuming the price breaks the second support level, the third support level stands at $3.58.
BlackBerry Ltd (NYSE: BB) Key Stats
The company with the Market Capitalisation of 2.36 billion has total of 591,590K Shares Outstanding. Its annual sales at the moment are 853,000 K in contrast with the sum of -130,000 K annual income. Company’s last quarter sales were recorded 143,000 K and last quarter income was -11,000 K.
