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BlackBerry Ltd (NYSE: BB) closed the day trading at $3.77 down -3.83% from the previous closing price of $3.92. In other words, the price has decreased by -$3.83 from its previous closing price. On the day, 19.37 million shares were traded. BB stock price reached its highest trading level at $3.8298 during the session, while it also had its lowest trading level at $3.66.
Ratios:
For a better understanding of BB, let’s 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:
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 2327635712 and an Enterprise Value of 2234268672. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.69 while its Price-to-Book (P/B) ratio in mrq is 3.08. Its current Enterprise Value per Revenue stands at 3.502 whereas that against EBITDA is -223.427.
Stock Price History:
The Beta on a monthly basis for BB is 1.28, which has changed by 0.3464285 over the last 52 weeks, in comparison to a change of 0.077997446 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 -19.14%, while the 200-Day Moving Average is calculated to be 20.81%.
Shares Statistics:
Over the past 3-months, BB traded about 23.96M shares per day on average, while over the past 10 days, BB traded about 13063660 shares per day. 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 46.89% stake in the company. Shares short for BB as of 1741910400 were 34593724 with a Short Ratio of 1.44, compared to 1739491200 on 35284669. Therefore, it implies a Short% of Shares Outstanding of 34593724 and a Short% of Float of 5.8500000000000005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
