BlackBerry (TSE:BB) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

BlackBerry Limited (TSE:BBGet Free Report) (NASDAQ:BBRY) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$6.57 and traded as high as C$13.15. BlackBerry shares last traded at C$12.48, with a volume of 5,882,228 shares changing hands.

BlackBerry Stock Down 2.7%

The company has a debt-to-equity ratio of 2.52, a quick ratio of 1.49 and a current ratio of 2.12. The firm has a market capitalization of C$7.31 billion, a P/E ratio of 138.67, a P/E/G ratio of 0.06 and a beta of 1.19. The stock has a fifty day moving average price of C$9.33 and a two-hundred day moving average price of C$6.57.

About BlackBerry

(Get Free Report)

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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