Stocks of BlackBerry Ltd (NYSE:BB) traded higher last session on Wall Street, down -2.32% to $4.21.
BB stock price is now 4.78% away from the 50-day moving average and 16.83% away from the 200-day moving average. The market capitalization of the company currently stands at $2.50B.
With the price target maintained at $4, TD Securities recently Upgraded its rating from Hold to Buy for BlackBerry Ltd (NYSE: BB). , while ‘RBC Capital Mkts’ rates the stock as ‘Sector Perform’
In other news, ERIKSSON MATTIAS, President of IoT sold 5,634 shares of the company’s stock on Jul 02 ’25. The stock was sold for $24,339 at an average price of $4.32. Upon completion of the transaction, the President of IoT now directly owns 284,963 shares in the company, valued at $1.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 02 ’25, Sr VP & Chief People Officer Armstrong-Owen Jennifer sold 2,506 shares of the business’s stock. A total of $10,826 was realized by selling the stock at an average price of $4.32. This leaves the insider owning 46,038 shares of the company worth $0.19 million. A total of 0.26% of the company’s stock is owned by insiders.
During the past 12 months, BlackBerry Ltd has had a low of $2.01 and a high of $6.24. As of last week, the company has a debt-to-equity ratio of 0.33, a current ratio of 2.10, and a quick ratio of 2.10. The fifty day moving average price for BB is $4.0178 and a two-hundred day moving average price translates $3.6035 for the stock.
The latest earnings results from BlackBerry Ltd (NYSE: BB) was released for 2025-05-31. The net profit margin was -8.29% and return on equity was -1.76% for BB. The company reported revenue of $121.7 million for the quarter, compared to $123.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.38 percent.