BlackBerry (TSE:BB) Director Acquires C$57,150.00 in Stock

BlackBerry Limited (TSE:BB) (NASDAQ:BBRY) Director David Chaikof acquired 5,000 shares of the business’s stock in a transaction dated Tuesday, November 3rd. The stock was acquired at an average cost of C$11.43 per share, for a total transaction of C$57,150.00. Following the transaction, the director owned 5,000 shares of the company’s stock, valued at C$57,150. This represents a ∞ increase in their ownership of the stock.

BlackBerry Stock Performance

Shares of BB opened at C$12.33 on Monday. BlackBerry Limited has a 12 month low of C$4.35 and a 12 month high of C$18.45. The firm has a fifty day simple moving average of C$11.91 and a 200 day simple moving average of C$9.71. The stock has a market capitalization of C$7.24 billion, a price-to-earnings ratio of 94.85, a PEG ratio of 0.06 and a beta of 0.52. The company has a current ratio of 2.38, a quick ratio of 1.49 and a debt-to-equity ratio of 27.92.

BlackBerry (TSE:BB) (NASDAQ:BBRY) last released its earnings results on Thursday, September 24th. The company reported C$0.10 earnings per share for the quarter. BlackBerry had a net margin of 13.11% and a return on equity of 10.66%. The business had revenue of C$219.02 million during the quarter. Research analysts forecast that BlackBerry Limited will post 0.06 EPS for the current fiscal year.

About BlackBerry

BlackBerry (NYSE:BB)(TSX:BB) provides enterprises and governments the intelligent software and services that power the world around us. Based in Waterloo, Ontario, the company’s high-performance foundational software enables major automakers and industrial giants alike to unlock transformative applications, drive new revenue streams and launch innovative business models, all without sacrificing safety, security, and reliability. With a deep heritage in Secure Communications, BlackBerry delivers operational resiliency with a comprehensive, highly secure, and extensively certified portfolio for mobile fortification, mission-critical communications, and critical events management.