BlackBerry (TSE:BB) Upgraded at TD Securities

TD Securities upgraded shares of BlackBerry (TSE:BB) (NASDAQ:BBRY) to a hold rating in a research note released on Monday,Zacks.com reports.

BlackBerry Price Performance

Shares of TSE BB opened at C$5.46 on Monday. The stock has a market cap of C$3.22 billion, a P/E ratio of 136.50, a P/E/G ratio of 0.06 and a beta of 1.00. BlackBerry has a twelve month low of C$3.99 and a twelve month high of C$8.86. The stock has a 50 day moving average of C$6.11 and a two-hundred day moving average of C$5.82. The company has a current ratio of 1.37, a quick ratio of 1.49 and a debt-to-equity ratio of 30.90.

BlackBerry (TSE:BB) (NASDAQ:BBRY) last announced its earnings results on Thursday, December 18th. The company reported C$0.03 earnings per share (EPS) for the quarter. BlackBerry had a negative net margin of 21.16% and a negative return on equity of 17.21%. The business had revenue of C$198.10 million for the quarter. On average, research analysts forecast that BlackBerry will post 0.0551903 earnings per share for the current year.

About BlackBerry

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.