In yesterday’s Wall Street session, BlackBerry Ltd (NYSE:BB) shares traded at $4.58, up 0.88% from the previous session.
BB stock price is now 17.11% away from the 50-day moving average and 28.75% away from the 200-day moving average. The market capitalization of the company currently stands at $2.72B.
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, Kurtz Philip S., CLO & Corp. Secretary sold 16,217 shares of the company’s stock on Jun 24 ’25. The stock was sold for $85,139 at an average price of $5.25. Upon completion of the transaction, the CLO & Corp. Secretary now directly owns 57,503 shares in the company, valued at $0.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 04 ’25, Sr VP & Chief People Officer Armstrong-Owen Jennifer sold 29,940 shares of the business’s stock. A total of $89,521 was realized by selling the stock at an average price of $2.99. This leaves the insider owning 42,398 shares of the company worth $0.19 million. A total of 0.25% 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 $3.911 and a two-hundred day moving average price translates $3.5574 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.
