Stock price performance of BlackBerry Limited is analyzed for various periods using several stock trading signals. The stock price have dropped -3.71% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -12.83% . Looking at the past 52 week period, the stock price is down -1.27% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of BlackBerry Limited has a negative value of -14.83 compared to overall market performance. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 0.76% and the 50-Day Moving Average is 2.51%.The 200 Day SMA reached 1.55%
BlackBerry Limited is having a Relative Strength Index of 38.68 which indicates the stock is not yet over sold or over bought based on the technical indicators. BlackBerry Limited (NASDAQ:BBRY) has tumbled 2.64% during the past week and has dropped 2.23% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.76%. BlackBerry Limited (NASDAQ:BBRY) has underperformed the index by 3.1% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
BlackBerry Ltd Last issued its quarterly earnings results on Dec 20, 2016. The company reported $0.02 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $-0.01. The company had revenue of $301.00 million for the quarter, compared to analysts expectations of $327.52 million. The companys revenue was down -45.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.03 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.BlackBerry Ltd was Reiterated by Imperial Capital on Dec 22, 2016 to In-line, Lowers Price Target to $ 8.25 from a previous price target of $8.50 .
BlackBerry Limited (NASDAQ:BBRY) witnessed a volatile trading activity on Friday and eventually ended flat at 0% or 0 points without letting the bulls or bears take much advantage. The trading began at $6.98 and reached the intraday high at $7.06. The bulls started the profit booking and pushed the shares to intraday low of $6.96. The trading session was marked by a volume range of 2,654,005 shares exchanging hands. The 52-week high of the shares is $8.46 and the 52-week low is $6.23. The market cap of the company stands at $3,710 million and there are 530,000,000 shares in public circulation.
BlackBerry Limited is involved in the design, manufacture and marketing of wireless solutions for the mobile communications market. Its integrated hardware, software and services provide platforms and solutions for seamless access to information which includes e-mail, voice, instant messaging, short message service, Internet and intranet-based applications and browsing. The company operates in North America, Europe, Asia Pacific and Latin America. BlackBerry Limited, formerly known as Research In Motion Limited, is headquartered in Waterloo, Canada.