BlackBerry restrained (BB.TO) (TSE:BB) inventory Passes Above Two ...

BlackBerry confined (BB.TO) (TSE:BB) (NASDAQ:BBRY) crossed above its 200 day relocating regular all through buying and selling on Wednesday . The inventory has a two hundred day relocating regular of $6.54 and traded as excessive as $7.seventy one. BlackBerry limited (BB.TO) shares final traded at $7.sixty five, with a extent of 2,024,707 shares traded.

BB has been the theme of several analyst stories. Raymond James reaffirmed a "market operate" rating and set a C$7.50 fee goal on shares of BlackBerry confined (BB.TO) in a analysis record on Friday, September twenty fifth. Pi fiscal set a C$9.forty fee goal on shares of BlackBerry restricted (BB.TO) and gave the inventory a "neutral" ranking in a research document on Monday, September twenty eighth.

The firm has a market capitalization of $4.26 billion and a P/E ratio of -5.eighty. The business's 50-day moving usual is C$6.fifty six and its 200 day relocating regular is C$6.fifty four. The business has a debt-to-equity ratio of 37.forty one, a present ratio of 1.15 and a short ratio of 1.11.

BlackBerry restricted (BB.TO) (TSE:BB) (NASDAQ:BBRY) ultimate launched its quarterly revenue consequences on Thursday, September twenty fourth. The company mentioned C$0.13 EPS for the quarter, topping analysts' consensus estimates of C($0.03) by way of C$0.sixteen. The business had revenue of C$357.45 million for the quarter, compared to the consensus estimate of C$322.65 million. Analysts anticipate that BlackBerry constrained will submit 0.17 EPS for the present fiscal yr.

In other BlackBerry limited (BB.TO) news, Director John Chen bought 558,003 shares of the stock in a transaction dated Tuesday, November third. The shares have been sold at a normal cost of C$6.17, for a total transaction of C$3,442,037.04. Following the sale, the director now directly owns 5,225,188 shares within the business, valued at C$32,231,530.38. additionally, Senior Officer Sai Yuen (Billy) Ho sold 8,230 shares of the stock in a transaction dated Friday, September twenty fifth. The stock became sold at a typical cost of C$6.18, for a complete transaction of C$50,848.17. Following the sale, the insider now owns 200,324 shares in the enterprise, valued at C$1,237,680.20.

About BlackBerry constrained (BB.TO) (TSE:BB)

BlackBerry confined offers intelligent security application and features to companies and governments global. The enterprise leverages synthetic intelligence and computing device learning to deliver options within the areas of cybersecurity; defense and data privacy; and endpoint protection administration, encryption, and embedded methods.

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