BlackBerry Stock Bullish Momentum With A 31% Rise In The Last 21 Sessions

(VIANEWS) – Shares of BlackBerry (NYSE: BB) rose by a staggering 31.46% in 21 sessions from $3.91 to $5.14 at 20:47 EST on Thursday, after two sequential sessions in a row of losses. NYSE is sliding 0.56% to $15,263.07, after two successive sessions in a row of losses.

BlackBerry’s last close was $5.14, 35.51% under its 52-week high of $7.97.

About BlackBerry

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -6.94%.

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).

Sales Growth

BlackBerry’s sales growth is negative 4% for the present quarter and negative 2% for the next.

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