BlackBerry Limited (TSE:BB - Get Free Report) NASDAQ: BBRY's stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$6.25 and last traded at C$6.26, with a volume of 1917274 shares changing hands. The stock had previously closed at C$5.87.
Analyst Upgrades and Downgrades
Separately, TD Securities upgraded shares of BlackBerry from a "hold" rating to a "strong-buy" rating in a research note on Friday, December 20th.
View Our Latest Stock Report on BlackBerry
BlackBerry Stock Down 2.3 %
The company has a quick ratio of 1.49, a current ratio of 1.44 and a debt-to-equity ratio of 34.15. The business has a fifty day simple moving average of C$5.06 and a two-hundred day simple moving average of C$3.90. The company has a market capitalization of C$3.70 billion, a price-to-earnings ratio of -20.23, a P/E/G ratio of 0.06 and a beta of 1.07.
Insiders Place Their Bets
In related news, Senior Officer Marjorie Jill Dickman sold 5,558 shares of the company's stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of C$5.26, for a total transaction of C$29,248.42. Insiders own 1.70% of the company's stock.
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.
Further Reading
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