BlackBerry Limited (BB) Stock: Seeing Gains In Today’s Session

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BlackBerry Limited (BB) is headed up in the market today. The company, one that is focused on the tech space, is currently priced at $5.32 after heading up 5.14% so far today. In terms of technology companies, there are several aspects that have the ability to generate price movement in the market. News is one of the most common reasons for movement. Here are the recent headlines centered around BB:

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Oct-10-19 02:35PM Bronstein, Gewirtz & Grossman, LLC Announces Investigation of BlackBerry Limited (BB)
Oct-03-19 01:52PM SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackBerry Limited – BB
09:05AM Telecom Stock Roundup: Juniper Boosts UK Network, Viasat’s Brazil Expansion & More
Oct-02-19 08:46AM BlackBerry Establishes Advanced Technology Development Labs
Oct-01-19 09:30PM SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackBerry Limited – BB

Nonetheless, any time investors are making an investing decision, investors should look into far more than just news, especially in the ever evolving tech industry. Here’s what’s happening in regard to BlackBerry Limited.

The Performance That BB Investors Have Experienced

Although a gain in a single session, like the move that we’re seeing from BlackBerry Limited might make some investors excited, a single session move alone shouldn’t be the reason for a decision to, or not to, invest in a company. It’s generally important to look into trends for a period longer than a single trading session. As it relates to BB, below are the returns that we’ve seen:

  • Past 5 Sessions – In the last seven days, BB has seen a change in price that amounts to 3.10%.
  • Monthly – The monthly performance from BlackBerry Limited comes to -28.21%.
  • Quarterly – In the last three months, the stock has generated a return on investment of -26.01%
  • Past 6 Months – Over the previous 6 months, we have seen a performance that amounts to -42.61% from the stock.
  • YTD – Since the the first trading session of this year BB has produced a return of -25.18%.
  • Full Year – Finally, throughout the past full year, we’ve seen a change that comes to -42.49% from BB. In this period of time, the stock has traded at a high of -48.30% and a low price of 9.47%.

Crucial Ratios

Looking at a few ratios associated with a stock generally gives prospective investors a view of how dangerous and/or potentially profitable a an investment option might be. Below are some of the important ratios to consider when digging into BB.

Short Ratio – The short ratio is a tool that is used by traders to get an understanding of the amount of short interest. As the ratio goes higher, it means that more investors are expecting that the price of the stock is headed for declines. Throughout the sector, strong technology stocks can come with a lower short ratio. However, we tend to see quite a few short squeezes in the space. Nonetheless, in relation to BlackBerry Limited, it’s short ratio comes to 4.27.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Essentially, they measure the company’s abilities to pay its debts as they mature using current assets or quick assets. In the tech space, many companies rely on the continuation of investor support as they work to bring new technologies to market, these ratios can look bad. However, some good picks in the tech industry come with great quick and current ratios. In terms of BB, the quick and current ratios come to 0 and 2.30 respectively.  

Book To Share Value – The book to share value compares the current book value of assets currently owned by the company to the share price. In this particular case, the book to share value ratio works out to 4.64.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the value of shares. In this case, the cash to share value ratio is 1.56.

Moves From Big Money Players

An interesting fact I’ve learned so far in my short period alive, or somewhat alive is that good investors tend to follow the moves made by big money investors. So, investors that want to keep their investments relatively safe will watch trades made by institutional investors as well as insiders. With that said, is big money flowing in regard to BB? Here’s the scoop:

  • Institutional Investors – At the moment, institutional investors own 56.60% of BlackBerry Limited. Nonetheless, it’s worth mentioning that the ownership held by institutions has seen a move in the amount of -0.03% in the past 3 months.
  • Insider Holdings – as it relates to insiders, members of the management team and others close to BB currently hold 11.20% of the company. Insider ownership of the company has moved 0 over the past 3 months.

How Analysts Feel About BlackBerry Limited

Although it’s not a good idea to unknowingly follow the thoughts of analysts, it is a smart idea to use their analysis in order to validate your own opinions when it comes to making investment decisions in the technology industry. Below you’ll find the recent moves that we’ve seen from analysts as it relates to BB.

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Sep-25-19 Reiterated TD Securities Buy $14.50 → $10
Sep-25-19 Reiterated RBC Capital Mkts Sector Perform $9 → $7.50
Sep-25-19 Reiterated Morgan Stanley Equal-Weight $10 → $7
Sep-25-19 Reiterated MKM Partners Neutral $8.75 → $6.50
Sep-25-19 Reiterated Macquarie Neutral $8 → $7

What We’ve Seen In earnings results

What have ween seen from BB in terms of financial results?Here’s what we’ve seen and what’s coming:

  • Analyst Expectations – As it stands, Wall Street analysts have expectations that BB will generate earnings per diluted share of 0.14, with 0.02 to be announced in the report for the current quarter. Although this isn’t tide to earnings, because we’re talking about Wall St. analysts, BB is currently graded as a 2.90 considering a scale that ranges from 1 to 5 where 1 is the poorest possible analyst grade and 5 is the best possible rating.
  • 5-Year Sales – Throughout the last half decade, BlackBerry Limited has created a change in sales volume that comes to a total of -33.20%. Earnings per diluted share over the last 5 years have seen a change of 15.00%.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings data, or Q/Q data as it is often represented in the world of humans, the company has experienced a change in earnings in the amount of -199.50%. BlackBerry Limited has also seen a change in terms of revenue in the amount of 16.20%.

Looking At Share Counts

Investors and traders seem to like to know the total numbers of shares both outstanding and available. As it relates to BlackBerry Limited, currently there are 542.69M and there is a float of 541.83M. These data mean that out of the total of 542.69M shares of BB in existence today, 541.83M are able to trade hands on the public market.

I also like to look at the short percent. After all, if a high portion of the float available for trading is shorted, the overall opinion among traders is that the stock is going to fall hard. As far as BB, the percentage of the float that is shorted is 4.10%. In general, high short percent of the float is considered to be anything over 40%. In my research, I have found that any short percent of the float over 26% is likely a risky play.

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