BlackBerry (TSE:BB) Hits New 52-Week High – Still a Buy?

BlackBerry Limited (TSE:BBGet Free Report) (NASDAQ:BBRY) shares hit a new 52-week high during trading on Thursday . The stock traded as high as C$9.07 and last traded at C$8.97, with a volume of 3510062 shares changing hands. The stock had previously closed at C$8.51.

BlackBerry Price Performance

The company has a quick ratio of 1.49, a current ratio of 2.12 and a debt-to-equity ratio of 2.52. The firm has a market capitalization of C$5.38 billion, a PE ratio of 102.00, a PEG ratio of 0.06 and a beta of 0.13. The stock has a 50-day moving average price of C$6.16 and a 200 day moving average price of C$5.68.

About BlackBerry

(Get Free Report)

BlackBerry, once known for being the world’s largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises. The firm provides endpoint management and protection to enterprises, specializing in regulated industries like government, as well as embedded software to the automotive, medical, and industrial markets.

Featured Stories

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.