In recent trading session, BlackBerry Limited (NYSE:BB) saw 6,807,344 shares changing hands with its beta currently measuring 1.49. Company’s recent per share price level of $5.05 trading at $0.25 or 5.1% at recent trade assigns it a market valuation of $2.85 Billion. That current trading price of BB’s stock is at a discount of -36.44% from its 52-week high price of $6.89 and is indicating a premium of 46.53% from its 52-week low price of $2.7. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.51 Million shares which gives us an average trading volume of 3.64 Million if we extend that period to 3-months.
BlackBerry Limited (NYSE:BB) trade information
Upright in the green today for gaining 5.1%, in the last five days BB remained trading in the green while hitting it’s week-highest on Thursday, Sep 24 when the stock touched $5.34-2 price level, adding 2.43% to its value on the day. BlackBerry Limited’s shares saw a change of -18.85% in year-to-date performance and have moved 10.15% in past 5-day. BlackBerry Limited (NYSE:BB) showed a performance of 8.77% in past 30-days. Number of shares sold short was 24.42 Million shares which calculate 6.71 days to cover the short interests.
BlackBerry Limited (BB) estimates and forecasts
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $237.95 Million for the same. And 5 analysts are in estimates of company making revenue of $233.66 Million in the next quarter that will end in November 01, 2020.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 13.8% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -281.9% while estimates for its earnings growth in next 5 years are of 0%
BlackBerry Limited (NYSE:BB)’s Major holders
Insiders are in possession of 2% of company’s total shares while institution are holding 55.71% percent of that, with stock having share float percentage of 56.84%. Investors also watch the number of corporate investors in a company very closely, which is 409 institutions for BlackBerry Limited that are currently holding shares of the company. Primecap Management Company is the top institutional holder at BB for having 63.5 Million shares of worth $310.51 Million. And as of June 29, 2020, it was holding 11.41% of the company’s outstanding shares.
The second largest institutional holder is Fairfax Financial Holdings Ltd/ Can, which was holding about 46.72 Million shares on June 29, 2020. The number of shares represents firm’s hold over 8.4% of outstanding shares, having a total worth of $228.48 Million.
On the other hand, Primecap Odyssey Aggressive Growth Fund and Primecap Odyssey Growth Fund are the top two Mutual Funds which own company’s shares. As of June 29, 2020, the former fund manager was holding 21281418 shares of worth $104.07 Million or 3.82% of the total outstanding shares. The later fund manager was in possession of 13Million shares on June 29, 2020, making its stake of worth around $63.57 Million in the company or a holder of 2.34% of company’s stock.