The share price of the company (NASDAQ:BBRY) was down -1.28%, with a high of 7.86 during the day and the volume of BlackBerry Limited shares traded was 3800044.
04/03/2017 - BlackBerry Limited was upgraded to "outperform" by analysts at Macquarie. BlackBerry has a 52 week low of $6.23 and a 52 week high of $9.19. Campbell & CO Investment Adviser LLC bought a new position in BlackBerry during the third quarter valued at about $364,000. Staley Capital Advisers Inc. now owns 2,090,900 shares of the smartphone producer's stock valued at $16,685,000 after buying an additional 7,300 shares during the last quarter.
BlackBerry Ltd (NASDAQ:BBRY) said that, it has been awarded $814.9-million (U.S.) in a binding interim arbitration decision in a dispute with Qualcomm Inc. over royalty overpayments. Contrarius Investment Management Ltd raised its stake in BlackBerry by 5.2% in the third quarter. The stock recently closed its previous session at $7.7 by showing a percentage change of -0.13% from its previous day closing price of $7.71. Market Cap is also the figure use to determine company's size, as opposed to using sales or total asset figures. BlackBerry had a negative net margin of 93.19% and a negative return on equity of 3.62%. Royal Bank of Canada reaffirmed a "hold" rating and issued a $7.50 price objective on shares of BlackBerry in a research report on Friday, March 24th. (TSX:BB)(NASDAQ:BBRY) stock, estimates are rising, and investors' confidence in the company may be starting to recover, as we are seeing glimmers of hope. Finally, Public Sector Pension Investment Board raised its position in shares of BlackBerry by 4.2% in the fourth quarter. In most recent quarter, LT Debt/Equity ratio was listed at 0.29 and Total Debt/Equity ratio was noted at 0.00.
"COPYRIGHT VIOLATION NOTICE: "-$0.02 EPS Expected for BlackBerry Ltd (BBRY) This Quarter" was first reported by BBNS and is the property of of BBNS. Can now owns 608,635 shares of the smartphone producer's stock worth $4,843,000 after buying an additional 1,938 shares during the period. The firm's revenue for the quarter was down 39.0% compared to the same quarter previous year.
Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. Hedge funds and other institutional investors own 62.41% of the company's stock.
BlackBerry Limited (BBRY) has a market capitalization of 4.19 Billion which suggests the company is a huge company further suggesting that the shares of BlackBerry Limited (BBRY) are stable and safe compared to the lower market capitalization companies.
BlackBerry Limited provides mobile communications solutions.
BBRY has been the topic of a number of recent analyst reports. The Company is engaged in the sale of smartphones and enterprise software and services. Macquarie Research upgraded the stock to "Neutral" rating in Thursday, September 29 report.
According to the the latest analyst ratings which have been released, 0 brokers have issued a rating of "buy", 4 brokers "outperform", 11 brokers "hold", 5 brokers "underperform" and 0 brokers "sell". The Company's services and products include Enterprise Solutions and Services, Devices, BlackBerry Technology Solutions and Messaging.