Key Points
- BlackBerry director David Chaikof bought 5,000 shares at C$11.43 apiece, investing C$57,150 and bringing his direct ownership to 5,000 shares.
- BlackBerry shares rose 4.8% during Friday’s mid-day trading to C$12.33, with trading volume above its average.
- The company reported quarterly earnings of C$0.10 per share on revenue of C$219.02 million; analysts expect full-year earnings of C$0.06 per share on average.
BlackBerry Limited (TSE:BB - Get Free Report) (NASDAQ:BBRY) Director David Chaikof bought 5,000 shares of the business's stock in a transaction dated Tuesday, November 3rd. The shares were bought at an average cost of C$11.43 per share, for a total transaction of C$57,150.00. Following the completion of the transaction, the director directly owned 5,000 shares of the company's stock, valued at C$57,150. This trade represents a ∞ increase in their ownership of the stock.
BlackBerry Trading Up 4.8%
Shares of TSE BB traded up C$0.57 during mid-day trading on Friday, hitting C$12.33. 4,095,548 shares of the company traded hands, compared to its average volume of 3,890,985. BlackBerry Limited has a 1 year low of C$4.35 and a 1 year high of C$18.45. 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 quick ratio of 1.49, a current ratio of 2.38 and a debt-to-equity ratio of 27.92. The business has a 50 day moving average of C$11.91 and a two-hundred day moving average of C$9.71.
BlackBerry (TSE:BB - Get Free Report) (NASDAQ:BBRY) last released its quarterly earnings results on Thursday, September 24th. The company reported C$0.10 earnings per share for the quarter. The business had revenue of C$219.02 million during the quarter. BlackBerry had a return on equity of 10.66% and a net margin of 13.11%. On average, sell-side analysts anticipate that BlackBerry Limited will post 0.06 earnings per share for the current fiscal year.
About BlackBerry
(
Get Free Report)
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.
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