Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of BlackBerry Ltd (NYSE: BB) was $3.09 for the day, down -2.52% from the previous closing price of $3.17. In other words, the price has decreased by -$2.52 from its previous closing price. On the day, 10.23 million shares were traded. BB stock price reached its highest trading level at $3.1599 during the session, while it also had its lowest trading level at $3.04.
Ratios:
Our analysis of BB’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 142.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.72 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.31.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 04 ’25 when Armstrong-Owen Jennifer sold 29,940 shares for $2.99 per share. The transaction valued at 89,521 led to the insider holds 42,398 shares of the business.
Foote Tim sold 5,196 shares of BB for $15,536 on Apr 04 ’25. The Chief Financial Officer now owns 31,120 shares after completing the transaction at $2.99 per share. On Apr 01 ’25, another insider, Foote Tim, who serves as the Chief Financial Officer of the company, sold 2,080 shares for $3.35 each. As a result, the insider received 6,968 and left with 12,619 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 1883985280 and an Enterprise Value of 1742840064. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.21 while its Price-to-Book (P/B) ratio in mrq is 2.56. Its current Enterprise Value per Revenue stands at 3.258 whereas that against EBITDA is 27.446.
Stock Price History:
The Beta on a monthly basis for BB is 1.46, which has changed by 0.06920421 over the last 52 weeks, in comparison to a change of 0.017286062 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 -28.63%, while the 200-Day Moving Average is calculated to be -2.74%.
Shares Statistics:
BB traded an average of 23.75M shares per day over the past three months and 16240790 shares per day over the past ten days. A total of 596.23M shares are outstanding, with a floating share count of 585.70M. Insiders hold about 1.77% of the company’s shares, while institutions hold 46.22% stake in the company. Shares short for BB as of 1743379200 were 32861889 with a Short Ratio of 1.38, compared to 1740700800 on 37662787. Therefore, it implies a Short% of Shares Outstanding of 32861889 and a Short% of Float of 5.52.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
