BlackBerry (TSE:BB) Reaches New 52-Week Low at $8.87

BlackBerry Ltd (TSE:BB) (NASDAQ:BBRY)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as C$8.87 and last traded at C$8.90, with a volume of 559742 shares trading hands. The stock had previously closed at C$9.01.

The company has a debt-to-equity ratio of 31.81, a current ratio of 2.45 and a quick ratio of 2.32. The firm has a market capitalization of $4.99 billion and a PE ratio of 60.73. The business’s 50-day moving average price is C$9.43 and its 200-day moving average price is C$11.11.

BlackBerry (TSE:BB) (NASDAQ:BBRY) last announced its earnings results on Wednesday, June 26th. The company reported C($0.03) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C($0.03). The business had revenue of C$357.71 million for the quarter, compared to analysts’ expectations of C$331.33 million. Equities analysts forecast that BlackBerry Ltd will post 0.17 earnings per share for the current year.

BlackBerry Company Profile (TSE:BB)

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.

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