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After finishing at $5.86 in the prior trading day, BlackBerry Ltd (NYSE: BB) closed at $5.58, down -4.78%. In other words, the price has decreased by -$4.78 from its previous closing price. On the day, 28.73 million shares were traded.
Ratios:
Our goal is to gain a better understanding of BB by taking a closer look at 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 5.46 while its Price-to-Book (P/B) ratio in mrq is 4.55.
Stock Price History:
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 34.08%, while the 200-Day Moving Average is calculated to be 91.84%.
Shares Statistics:
A total of 591.58M shares are outstanding, with a floating share count of 581.07M. Insiders hold about 1.78% of the company’s shares, while institutions hold 46.75% stake in the company.
