BlackBerry (TSE:BB) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

BlackBerry Limited (TSE:BBGet Free Report) (NASDAQ:BBRY) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$6.28 and traded as high as C$13.14. BlackBerry shares last traded at C$12.28, with a volume of 8,925,179 shares.

BlackBerry Stock Performance

The company has a market cap of C$7.60 billion, a PE ratio of 144.00, a price-to-earnings-growth ratio of 0.06 and a beta of 1.19. The firm’s fifty day moving average is C$8.69 and its 200 day moving average is C$6.37. The company has a current ratio of 2.12, a quick ratio of 1.49 and a debt-to-equity ratio of 2.52.

BlackBerry Company Profile

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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.

Further Reading

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