BlackBerry (TSE:BB) Hits New 12-Month High – Here’s What Happened

BlackBerry Limited (TSE:BBGet Free Report) (NASDAQ:BBRY)’s share price reached a new 52-week high on Wednesday . The company traded as high as C$11.87 and last traded at C$11.65, with a volume of 7367973 shares trading hands. The stock had previously closed at C$11.08.

BlackBerry Stock Up 5.1%

The stock’s 50-day moving average price is C$6.64 and its two-hundred day moving average price is C$5.79. The stock has a market capitalization of C$6.83 billion, a P/E ratio of 129.44, a P/E/G ratio of 0.06 and a beta of 0.13. 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

(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.

See Also

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.