BlackBerry (TSE:BB) Trading Up 1.5%
Shares of BlackBerry Ltd (TSE:BB) (NASDAQ:BBRY) were up 1.5% on Monday . The company traded as high as C$11.73 and last traded at C$11.64. Approximately 581,077 shares traded hands during trading, a decline of 60% from the average daily volume of 1,452,000 shares. The stock had previously closed at C$11.47.
The company has a quick ratio of 2.42, a current ratio of 2.54 and a debt-to-equity ratio of 25.23. The firm has a market cap of $6.28 billion and a price-to-earnings ratio of 77.09. The firm has a 50-day moving average of C$11.40.
BlackBerry (TSE:BB) (NASDAQ:BBRY) last announced its earnings results on Friday, March 29th. The company reported C$0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.02 by C$0.11. The business had revenue of C$342.40 million for the quarter, compared to analysts’ expectations of C$308.46 million. Sell-side analysts expect that BlackBerry Ltd will post 0.17 earnings per share for the current year.
BlackBerry Limited operates as an enterprise software and services company focused on securing and managing endpoints in the Internet of Things. It offers BlackBerry Enterprise Mobility Suite, which combines and integrates mobile security, management, productivity, and collaboration solutions, such as BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces; BlackBerry AtHoc, a secure and networked crisis communications solution; SecuSUITE for Government, a voice encryption software solution; BlackBerry Enterprise Consulting and BlackBerry Cybersecurity Consulting; and BBM Enterprise, an enterprise-grade secure instant messaging solution, as well as Communications Platform as a Service.
Recommended Story: Dollar Cost Averaging
Receive News & Ratings for BlackBerry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackBerry and related companies with MarketBeat.com's FREE daily email newsletter.