BlackBerry (TSE:BB) Hits New 12-Month High – Here’s What Happened

BlackBerry Limited (TSE:BBGet Free Report) (NASDAQ:BBRY) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as C$11.87 and last traded at C$11.65, with a volume of 7367973 shares. The stock had previously closed at C$11.08.

BlackBerry Stock Performance

The company’s fifty day moving average is C$6.64 and its 200 day moving average is C$5.79. The company has a market capitalization of C$6.83 billion, a P/E ratio of 129.44, a P/E/G ratio of 0.06 and a beta of 0.13. The company has a current ratio of 2.12, a quick ratio of 1.49 and a debt-to-equity ratio of 2.52.

BlackBerry Company Profile

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BlackBerry, once known for being the world’s largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises. The firm provides endpoint management and protection to enterprises, specializing in regulated industries like government, as well as embedded software to the automotive, medical, and industrial markets.

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