Free Trial

BlackBerry (TSE:BB) Sets New 52-Week Low at $3.04

BlackBerry logo with Computer and Technology background

BlackBerry Limited (TSE:BB - Get Free Report) NASDAQ: BBRY reached a new 52-week low on Monday . The stock traded as low as C$3.04 and last traded at C$3.06, with a volume of 1642659 shares. The stock had previously closed at C$3.14.

BlackBerry Trading Down 1.3 %

The company has a quick ratio of 1.49, a current ratio of 1.43 and a debt-to-equity ratio of 32.47. The firm has a market cap of C$1.83 billion, a price-to-earnings ratio of -10.33, a price-to-earnings-growth ratio of 0.06 and a beta of 1.08. The business's fifty day moving average is C$3.83 and its two-hundred day moving average is C$4.07.

BlackBerry (TSE:BB - Get Free Report) NASDAQ: BBRY last released its earnings results on Wednesday, April 3rd. The company reported C$0.03 EPS for the quarter, topping analysts' consensus estimates of C($0.07) by C$0.10. BlackBerry had a negative net margin of 15.24% and a negative return on equity of 15.92%. The firm had revenue of C$232.61 million during the quarter. Equities analysts anticipate that BlackBerry Limited will post 0.0273766 earnings per share for the current fiscal year.

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.

Recommended Stories

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 "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

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

Featured Articles and Offers

Recent Videos

Why Price Targets Matter: Your Guide to Smart Investing
What is Stagflation? The Economic Storm Affecting Your Wallet
Power of Stock Upgrades: How to Use Them for Your Portfolio

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines