BlackBerry Limited (TSE:BB - Get Free Report) NASDAQ: BBRY shares hit a new 52-week high on Monday . The company traded as high as C$8.09 and last traded at C$7.87, with a volume of 3660135 shares changing hands. The stock had previously closed at C$7.51.
Analysts Set New Price Targets
Separately, TD Securities upgraded shares of BlackBerry from a "hold" rating to a "strong-buy" rating in a research note on Friday, December 20th.
Check Out Our Latest Report on BlackBerry
BlackBerry Stock Down 4.1 %
The company has a debt-to-equity ratio of 30.90, a current ratio of 1.37 and a quick ratio of 1.49. The firm's 50-day moving average is C$5.84 and its 200 day moving average is C$4.18. The stock has a market cap of C$3.33 billion, a price-to-earnings ratio of -25.93, a price-to-earnings-growth ratio of 0.06 and a beta of 1.07.
Insider Buying and Selling
In other BlackBerry news, Senior Officer Marjorie Jill Dickman sold 5,558 shares of the business's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of C$5.26, for a total transaction of C$29,248.42. 1.70% of the stock is currently owned by company insiders.
BlackBerry Company Profile
(
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BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylanceENDPOINT, an integrated endpoint security solution; CylanceGUARD, a managed detection and response solution; CylanceEDGE, an AI-powered continuous authentication zero trust network access solution; CylanceINTELLIGENCE, a contextual cyber threat intelligence service; BlackBerry Dynamics offers a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice and video; BlackBerry SecuSUITE is a certified, multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions.
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