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

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

The stock’s 50 day simple moving average is C$9.44 and its two-hundred day simple moving average is C$11.12. The firm has a market cap of $4.92 billion and a P/E ratio of 59.33. The company has a debt-to-equity ratio of 31.81, a current ratio of 2.45 and a quick ratio of 2.32.

BlackBerry (TSE:BB) (NASDAQ:BBRY) last posted its quarterly earnings results on Wednesday, June 26th. The company reported C($0.03) EPS for the quarter, meeting the Zacks’ consensus estimate of C($0.03). The firm had revenue of C$357.71 million for the quarter, compared to analysts’ expectations of C$331.33 million. Equities research analysts anticipate 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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