BlackBerry Limited (TSE:BB – Get Free Report) (NASDAQ:BBRY) shares rose 7.5% on Friday . The company traded as high as C$9.97 and last traded at C$9.87. Approximately 1,149,460 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 2,775,342 shares. The stock had previously closed at C$9.18.
BlackBerry Price Performance
The business’s 50 day moving average is C$6.25 and its two-hundred day moving average is C$5.70. The firm has a market capitalization of C$6.09 billion, a PE ratio of 115.44, a P/E/G ratio of 0.06 and a beta of 0.13. The company has a debt-to-equity ratio of 2.52, a current ratio of 2.12 and a quick ratio of 1.49.
About BlackBerry
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.
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