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 company has a quick ratio of 1.49, a current ratio of 2.12 and a debt-to-equity ratio of 2.52. The business’s 50-day simple moving average is C$6.25 and its 200 day simple moving average is C$5.70. The firm has a market capitalization of C$6.09 billion, a P/E ratio of 115.44, a PEG ratio of 0.06 and a beta of 0.13.
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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