Upward Trajectory: BlackBerry Ltd (BB) Posts a Slidee, Closing at 3.37

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The closing price of BlackBerry Ltd (NYSE: BB) was $3.37 for the day, down -0.88% from the previous closing price of $3.40. In other words, the price has decreased by -$0.88 from its previous closing price. On the day, 7.28 million shares were traded. BB stock price reached its highest trading level at $3.455 during the session, while it also had its lowest trading level at $3.36.

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 5.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 155.04. 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 2009308416 and an Enterprise Value of 1909720064. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.50 while its Price-to-Book (P/B) ratio in mrq is 2.79. Its current Enterprise Value per Revenue stands at 3.57 whereas that against EBITDA is 30.074.

Stock Price History:

The Beta on a monthly basis for BB is 1.43, which has changed by 0.15017068 over the last 52 weeks, in comparison to a change of 0.092895746 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 -14.83%, while the 200-Day Moving Average is calculated to be 4.92%.

Shares Statistics:

BB traded an average of 22.77M shares per day over the past three months and 11029320 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 45.98% stake in the company. Shares short for BB as of 1744675200 were 31474016 with a Short Ratio of 1.38, compared to 1741910400 on 34593724. Therefore, it implies a Short% of Shares Outstanding of 31474016 and a Short% of Float of 5.2800003.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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