Does BlackBerry Limited (BB) Have Any Gas After Today’s Big Increase?

February 25, 2018 - By Hazel Jackson

The stock of BlackBerry Limited (NYSE:BB) is a huge mover today! The stock increased 5.37% or $0.64 during the last trading session, reaching $12.55. About 12.08 million shares traded or 94.13% up from the average. BlackBerry Limited (NYSE:BB) has 0.00% since February 25, 2017 and is . It has underperformed by 16.70% the S&P500.
The move comes after 7 months positive chart setup for the $6.73B company. It was reported on Feb, 25 by Barchart.com. We have $13.05 PT which if reached, will make NYSE:BB worth $269.16 million more.

Analysts await BlackBerry Limited (NYSE:BB) to report earnings on March, 30. They expect $-0.03 earnings per share, down 200.00 % or $0.02 from last year’s $-0.01 per share.

More notable recent BlackBerry Limited (NYSE:BB) news were published by: Seekingalpha.com which released: “Certicom: BlackBerry’s Wild Card” on February 01, 2018, also Seekingalpha.com with their article: “Apple Preparing To Eat BlackBerry’s Lunch, Part 2” published on February 12, 2018, Seekingalpha.com published: “BlackBerry: With QNX Losing So Many Customers, Why Don’t Revenues Implode?” on February 23, 2018. More interesting news about BlackBerry Limited (NYSE:BB) were released by: Fool.ca and their article: “Can BlackBerry Ltd. Keep Growing From Here?” published on January 29, 2018 as well as Fool.ca‘s news article titled: “Should You Buy the Dip in Aphria Inc. or BlackBerry Ltd.?” with publication date: February 14, 2018.

BlackBerry Limited operates as security software and services firm in securing, connecting, and mobilizing enterprises worldwide. The company has market cap of $6.73 billion. The firm operates in three divisions: Software & Services, Mobility Solutions, and Service Access Fees . It has a 18.65 P/E ratio. The Software & Services segment offers enterprise software and services, including mobile-first security, productivity, collaboration, and end-point management solutions for the Enterprise of Things through the BlackBerry Secure platform; BlackBerry technology solutions, such as BlackBerry QNX, Certicom, Paratek, BlackBerry Radar, and intellectual property and licensing; AtHoc, which provides secure, networked crisis communications solutions; SecuSmart that offers secure voice and text messaging solutions with encryption and anti-eavesdropping facilities; licensing and services related to BlackBerry Messenger; and cybersecurity consulting services and tools.

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