On Friday, BlackBerry Ltd (NYSE: BB) was -3.72% drop from the session before settling in for the closing price of $5.91. A 52-week range for BB has been $2.01 – $6.00.
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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. When this article was written, the company’s average yearly earnings per share was at -83.33%. With a float of $581.07 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 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 1.78%, while institutional ownership is 46.63%. The most recent insider transaction that took place on Jan 24 ’25, was worth 102,341. In this transaction SVP & Chief Accounting Officer of this company sold 24,425 shares at a rate of $4.19, taking the stock ownership to the 0 shares. Before that another transaction happened on Jan 06 ’25, when Company’s President of IoT sold 12,680 for $4.00, making the entire transaction worth $50,720. This insider now owns 278,306 shares in total.
BlackBerry Ltd (BB) Latest Financial update
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
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 5.56.
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 30.45 million. That was better than the volume of 22.91 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 91.52%. Additionally, its Average True Range was 0.30.
During the past 100 days, BlackBerry Ltd’s (BB) raw stochastic average was set at 91.76%, which indicates a significant increase from 84.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.33% in the past 14 days, which was higher than the 66.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.97, while its 200-day Moving Average is $2.86. However, in the short run, BlackBerry Ltd’s stock first resistance to watch stands at $5.92. Second resistance stands at $6.14. The third major resistance level sits at $6.28. If the price goes on to break the first support level at $5.55, it is likely to go to the next support level at $5.41. The third support level lies at $5.18 if the price breaches the second support level.
BlackBerry Ltd (NYSE: BB) Key Stats
There are 596,223K outstanding shares of the company, which has a market capitalization of 3.37 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.
