(VIANEWS) – Shares of BlackBerry (NYSE: BB) dropped by a staggering 12.16% to $3.51 at 10:10 EST on Tuesday, after two successive sessions in a row of losses. NYSE is falling 0.17% to $15,694.34, following the last session’s downward trend. This seems, as yet, a somewhat negative trend exchanging session today.
BlackBerry’s last close was $3.99, 72.95% under its 52-week high of $14.75.
About BlackBerry
BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers BlackBerry Cyber Suite, which provides Cylance AI and machine learning-based cybersecurity solutions, including BlackBerry Protect, an EPP and available MTD solution; BlackBerry Optics, an EDR solution that provides visibility into and prevention of malicious activity; BlackBerry Guard, a managed detection and response solution; BlackBerry Gateway, an AI-empowered ZTNA solution; and BlackBerry Persona, a UEBA solution that provides authentication by validating user identity in real time. It also provides BlackBerry Spark Unified Endpoint Management Suite, such as BlackBerry UEM, a central software component of its secure communications platform; BlackBerry Dynamics that provides a development platform and secure container for mobile applications; BlackBerry AtHoc and BlackBerry Alert secure and networked critical event management solutions; and SecuSUITE for Government, a multi-OS voice and text messaging solution, as well as BBM Enterprise, an enterprise-grade secure instant messaging solution. In addition, the company offers BlackBerry QNX, which provides Neutrino operating system and BlackBerry QNX CAR platform, and other products; BlackBerry QNX, an embedded system solution; BlackBerry Jarvis, a cloud-based binary static application security testing platform; BlackBerry Certicom cryptography and management products, and BlackBerry Radar asset monitoring solution; and BlackBerry IVY, an intelligent vehicle data platform, as well as enterprise and cybersecurity consulting services. Further, it is involved in the patent licensing and legacy service access fees business. As of February 28, 2022, it owned approximately 38,000 worldwide patents and applications. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.
Earnings Per Share
As for profitability, BlackBerry has a trailing twelve months EPS of $-1.97.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 0.78%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 11.9%, now sitting on 718M for the twelve trailing months.
Volatility
BlackBerry’s last week, last month’s, and last quarter’s current intraday variation average was a positive 2.04%, a negative 0.58%, and a positive 2.58%.
BlackBerry’s highest amplitude of average volatility was 2.91% (last week), 2.35% (last month), and 2.58% (last quarter).
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 450% and a negative 200%, respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, BlackBerry’s stock is considered to be oversold (<=20).
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