Now Is The Time To Build A Position In BlackBerry Ltd (NYSE:BB)

BlackBerry Ltd (NYSE:BB)’s traded shares stood at 1.9 million during the latest session, with the company’s beta value hitting 1.39. At the last check today, the stock’s price was $2.97, to imply a decrease of -0.61% or -$0.02 in intraday trading. The BB share’s 52-week high remains $5.75, putting it -93.6% down since that peak but still an impressive 17.17% since price per share fell to its 52-week low of $2.46. The company has a valuation of $1.75B, with an average of 8.50 million shares over the past 3 months.

BlackBerry Ltd (NYSE:BB) trade information

After registering a -0.61% downside in the latest session, BlackBerry Ltd (BB) has traded red over the past five days. The stock hit a weekly high of 3.08, dropping -0.61% in its intraday price action. The 5-day price performance for the stock is 1.42%, and -6.84% over 30 days. With these gigs, the year-to-date price performance is -16.05%.

BlackBerry Ltd (BB) estimates and forecasts

Looking at statistics comparing BlackBerry Ltd share performance against respective industry, we note that the company has underperformed competitors. BlackBerry Ltd (BB) shares are -20.54% down over the last 6 months, with its year-to-date growth rate lower than industry average at -160.00% against 16.20%. The rating firms project that company’s revenue will shrink -29.50% compared to the previous financial year.

Revenue forecast for the current quarter as set by 5 analysts is 134.05M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 142.41M.

BB Dividends

BlackBerry Ltd has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. BlackBerry Ltd has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.