Free Trial

BlackBerry (TSE:BB) Stock Passes Above 200 Day Moving Average - Here's What Happened

BlackBerry logo with Computer and Technology background
Remove Ads

BlackBerry Limited (TSE:BB - Get Free Report) NASDAQ: BBRY's stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$4.45 and traded as high as C$7.43. BlackBerry shares last traded at C$6.88, with a volume of 3,037,414 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, TD Securities upgraded BlackBerry from a "hold" rating to a "strong-buy" rating in a research note on Friday, December 20th.

Check Out Our Latest Research Report on BB

BlackBerry Trading Up 0.2 %

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 company has a market capitalization of C$2.64 billion, a P/E ratio of -20.52, a price-to-earnings-growth ratio of 0.06 and a beta of 1.07. The firm has a fifty day moving average price of C$6.53 and a 200-day moving average price of C$4.50.

Insider Buying and Selling at BlackBerry

In other BlackBerry news, Senior Officer Marjorie Jill Dickman sold 5,737 shares of the business's stock in a transaction on Monday, January 6th. The stock was sold at an average price of C$5.76, for a total value of C$33,045.12. Corporate insiders own 1.70% of the company's stock.

BlackBerry Company Profile

(Get Free Report)

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.

Read More

Remove Ads

Should You Invest $1,000 in BlackBerry Right Now?

Before you consider BlackBerry, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackBerry wasn't on the list.

While BlackBerry currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for March 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Is There Still Money in AI? How to Invest in the Next Big Wave
AMD at Rock Bottom? Analysts Predict a MAJOR Rebound!
Massive Buybacks: 3 Stocks Insiders Are Buying Up

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads