Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of BlackBerry Ltd (NYSE: BB) closed at $4.07 in the last session, up 2.01% from day before closing price of $3.99. In other words, the price has increased by $2.01 from its previous closing price. On the day, 18.73 million shares were traded. BB stock price reached its highest trading level at $4.18 during the session, while it also had its lowest trading level at $3.98.
Ratios:
We take a closer look at BB’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 06 ’25 when ERIKSSON MATTIAS sold 12,680 shares for $4.00 per share. The transaction valued at 50,720 led to the insider holds 278,306 shares of the business.
GIAMATTEO JOHN JOSEPH sold 29,402 shares of BB for $117,608 on Jan 06 ’25. The CEO & President, Cybersecurity now owns 490,761 shares after completing the transaction at $4.00 per share. On Jan 06 ’25, another insider, Dickman Marjorie, who serves as the Chief Gv Aff & Pub Pol Officer of the company, sold 5,737 shares for $4.00 each. As a result, the insider received 22,948 and left with 111,302 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 2407742720 and an Enterprise Value of 1799369472. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.98 while its Price-to-Book (P/B) ratio in mrq is 3.32. Its current Enterprise Value per Revenue stands at 2.825 whereas that against EBITDA is 599.79.
Stock Price History:
Over the past 52 weeks, BB has reached a high of $4.35, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 31.15%, while the 200-Day Moving Average is calculated to be 51.33%.
Shares Statistics:
According to the various share statistics, BB traded on average about 13.81M shares per day over the past 3-months and 19473870 shares per day over the past 10 days. A total of 591.58M shares are outstanding, with a floating share count of 581.17M. Insiders hold about 1.76% of the company’s shares, while institutions hold 43.99% stake in the company. Shares short for BB as of 1732838400 were 26267590 with a Short Ratio of 1.90, compared to 1730332800 on 26975284. Therefore, it implies a Short% of Shares Outstanding of 26267590 and a Short% of Float of 4.4499997.
