BlackBerry (TSE:BB) Reaches New 1-Year Low at $8.87

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BlackBerry Ltd (TSE:BB) (NASDAQ:BBRY) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$8.87 and last traded at C$8.90, with a volume of 559742 shares trading hands. The stock had previously closed at C$9.01.

The company has a debt-to-equity ratio of 31.81, a quick ratio of 2.32 and a current ratio of 2.45. The company has a market capitalization of $4.92 billion and a P/E ratio of 59.33. The business’s fifty day simple moving average is C$9.44 and its 200-day simple moving average is C$11.12.

BlackBerry (TSE:BB) (NASDAQ:BBRY) last issued its quarterly earnings data on Wednesday, June 26th. The company reported C($0.03) EPS for the quarter, hitting analysts’ consensus estimates of C($0.03). The business had revenue of C$357.71 million during the quarter, compared to analysts’ expectations of C$331.33 million. As a group, analysts forecast that BlackBerry Ltd will post 0.17 EPS for the current year.

About BlackBerry (TSE:BB)

BlackBerry Limited operates as an enterprise software and services company focused on securing and managing endpoints in the Internet of Things. It offers BlackBerry Enterprise Mobility Suite, which combines and integrates mobile security, management, productivity, and collaboration solutions, such as BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces; BlackBerry AtHoc, a secure and networked crisis communications solution; SecuSUITE for Government, a voice encryption software solution; BlackBerry Enterprise Consulting and BlackBerry Cybersecurity Consulting; and BBM Enterprise, an enterprise-grade secure instant messaging solution, as well as Communications Platform as a Service.

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