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As of close of business last night, BlackBerry Ltd’s stock clocked out at $4.19, down -7.30% from its previous closing price of $4.52. In other words, the price has decreased by -$7.30 from its previous closing price. On the day, 17.56 million shares were traded.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.10 while its Price-to-Book (P/B) ratio in mrq is 3.42.
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 -8.25%, while the 200-Day Moving Average is calculated to be 39.21%.
Shares Statistics:
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 46.75% stake in the company.
