Investors Update: BlackBerry Limited (NYSE: BB)


On 04 Nov 2019, BlackBerry Limited (NYSE: BB) observed a climb of 2.19% on MONDAY trading period with closing price of $5.61. The company’s last traded volume of 6750937 shares vs to an average volume of 5341.42K shares. The stock as of last trading session moved at 15.43% from its 52-week low and was trading at -45.48% to its 52-week high.

BlackBerry Limited (BB) recently reported that Bryan Palma, President and Chief Operating Officer has decided to leave the company to pursue other opportunities.  Palma was designated in January 2019 and oversaw the BlackBerry IoT Business. The BlackBerry IoT Business will report directly to John Chen, Executive Chairman and CEO

Analyst recommendation for this stock stands at 2.9. The volatility in the previous week has experienced by 3.48% and observed of 3.22% in the previous month. 56.60% ownership is held by institutional investors while insiders hold ownership of 11.20%. In the trailing 12 months period, return on assets ratio of the Company was 0.80% and return on equity ratio was 1.20% while its return on investment ratio was 2.30%. The P/E ratio was recorded at 170.