BlackBerry Ltd (BB) with a beta value of 1.48 appears to be a promising investment opportunity.

On Tuesday, BlackBerry Ltd (NYSE: BB) opened lower -3.04% from the last session, before settling in for the closing price of $2.96. Price fluctuations for BB have ranged from $2.01 to $6.24 over the past 52 weeks.

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

Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -11.24%. Company’s average yearly earnings per share was noted 150.00% at the time writing. With a float of $585.76 million, this company’s outstanding shares have now reached $596.23 million.

Considering the fact that the conglomerate employs 1820 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 68.75%, operating margin of -6.28%, and the pretax margin is -6.86%.

BlackBerry Ltd (BB) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of BlackBerry Ltd is 1.76%, while institutional ownership is 46.51%. The most recent insider transaction that took place on Apr 04 ’25, was worth 89,521. In this transaction Sr VP & Chief People Officer of this company sold 29,940 shares at a rate of $2.99, taking the stock ownership to the 42,398 shares. Before that another transaction happened on Apr 04 ’25, when Company’s Chief Financial Officer sold 5,196 for $2.99, making the entire transaction worth $15,536. This insider now owns 31,120 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 150.00% per share during the next fiscal year.

BlackBerry Ltd (NYSE: BB) Trading Performance Indicators

Check out the current performance indicators for BlackBerry Ltd (BB). In the past quarter, the stock posted a quick ratio of 1.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.98. Likewise, its price to free cash flow for the trailing twelve months is 132.04.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.15, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.10 in one year’s time.

Technical Analysis of BlackBerry Ltd (BB)

Compared to the last year’s volume of 23.89 million, its volume of 20.5 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 9.26%. Additionally, its Average True Range was 0.30.

During the past 100 days, BlackBerry Ltd’s (BB) raw stochastic average was set at 14.68%, which indicates a significant increase from 4.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.13% in the past 14 days, which was lower than the 76.32% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.55, while its 200-day Moving Average is $3.14. Nevertheless, the first resistance level for the watch stands at $3.04 in the near term. At $3.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.33. If the price goes on to break the first support level at $2.75, it is likely to go to the next support level at $2.64. Now, if the price goes above the second support level, the third support stands at $2.47.

BlackBerry Ltd (NYSE: BB) Key Stats

There are currently 596,231K shares outstanding in the company with a market cap of 1.71 billion. Presently, the company’s annual sales total 534,900 K according to its annual income of -79,000 K. Last quarter, the company’s sales amounted to 102,900 K and its income totaled -7,000 K.