Currently, there are 596.23M common shares owned by the public and among those 585.70M shares have been available to trade.
The company’s stock has a 5-day price change of 10.03% and -16.87% over the past three months. BB shares are trading -10.05% year to date (YTD), with the 12-month market performance up to 18.47% higher. It has a 12-month low price of $2.01 and touched a high of $6.24 over the same period. BB has an average intraday trading volume of 23.45 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.62%, -17.19%, and 6.29% respectively.
Institutional ownership of BlackBerry Ltd (NYSE: BB) shares accounts for 45.98% of the company’s 596.23M shares outstanding.
It has a market capitalization of $2.03B and a beta (3y monthly) value of 1.43. The earnings-per-share (ttm) stands at -$0.15. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.59% over the week and 6.47% over the month.
Earnings per share for the fiscal year are expected to increase by 314.28%, and 25.86% over the next financial year.
Looking at the support for the BB, a number of firms have released research notes about the stock. TD Securities stated their Buy rating for the stock in a research note on December 20, 2024, with the firm’s price target at $4. RBC Capital Mkts was of a view on December 21, 2023 that the stock is Sector Perform, while CIBC gave the stock Neutral rating on May 18, 2023, issuing a price target of $4.20- $6.50. TD Securities on their part issued Hold rating on March 31, 2023.
