BlackBerry Stock Jumps By 27% In The Last 21 Sessions

(VIANEWS) – Shares of BlackBerry (NYSE: BB) rose by a staggering 27.7% in 21 sessions from $3.65 to $4.66 at 10:26 EST on Monday, after five consecutive sessions in a row of gains. NYSE is rising 0.72% to $15,485.48, after five sequential sessions in a row of gains.

BlackBerry’s last close was $4.56, 42.79% under its 52-week high of $7.97.

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 negative -6.94%.

Yearly Top and Bottom Value

BlackBerry’s stock is valued at $4.66 at 10:26 EST, way below its 52-week high of $7.97 and way higher than its 52-week low of $3.17.

Volume

Today’s last reported volume for BlackBerry is 2989044 which is 62.18% below its average volume of 6631320.

Moving Average

BlackBerry’s worth is way higher than its 50-day moving average of $3.96 and under its 200-day moving average of $4.99.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 800% and a negative 20%, respectively.

More news about BlackBerry (BB).

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