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As of close of business last night, BlackBerry Ltd’s stock clocked out at $4.41, down -2.43% from its previous closing price of $4.52. In other words, the price has decreased by -$2.43 from its previous closing price. On the day, 11.61 million shares were traded. BB stock price reached its highest trading level at $4.495 during the session, while it also had its lowest trading level at $4.3325.
Ratios:
To gain a deeper understanding of BB’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.37. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.30.
RBC Capital Mkts reiterated its Sector Perform rating for the stock on December 21, 2023, while the target price for the stock was revised from $4.50 to $4.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 24 ’25 when Chai Jay P. sold 24,425 shares for $4.19 per share. The transaction valued at 102,341 led to the insider holds 0 shares of the business.
ERIKSSON MATTIAS sold 12,680 shares of BB for $50,720 on Jan 06 ’25. The President of IoT now owns 278,306 shares after completing the transaction at $4.00 per share. On Jan 06 ’25, another insider, GIAMATTEO JOHN JOSEPH, who serves as the CEO & President, Cybersecurity of the company, sold 29,402 shares for $4.00 each. As a result, the insider received 117,608 and left with 490,761 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BB now has a Market Capitalization of 2615063808 and an Enterprise Value of 2612881920. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.31 while its Price-to-Book (P/B) ratio in mrq is 3.60. Its current Enterprise Value per Revenue stands at 4.095 whereas that against EBITDA is -261.288.
Stock Price History:
The Beta on a monthly basis for BB is 1.22, which has changed by 0.6832061 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, BB has reached a high of $6.24, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is -4.78%, while the 200-Day Moving Average is calculated to be 44.31%.
Shares Statistics:
It appears that BB traded 25.27M shares on average per day over the past three months and 15471690 shares per day over the past ten days. A total of 591.58M shares are outstanding, with a floating share count of 581.20M. Insiders hold about 1.76% of the company’s shares, while institutions hold 46.90% stake in the company. Shares short for BB as of 1740700800 were 37662787 with a Short Ratio of 1.49, compared to 1738281600 on 28691262. Therefore, it implies a Short% of Shares Outstanding of 37662787 and a Short% of Float of 6.370000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
