Chartwell Investment Partners LLC maintained its position in shares of BlackBerry Limited (NASDAQ:BBRY) (TSE:BB) during the first quarter, according to its most recent 13F filing with the SEC. The smartphone producer reported $0.04 EPS for the quarter, topping the Zacks' consensus estimate of ($0.04) by $0.08. For our stock under consideration here, BlackBerry Limited (BBRY) has distance from 20 Day SMA is -2.87% while its distance from 50 day SMA is 9.09%.
Alpha One also assigned news headlines about the smartphone producer an impact score of 28 out of 100, indicating that recent press coverage is unlikely to have an impact on the company's share price in the next several days. Moreover, S&T Bank Pa has 0.41% invested in the company for 24,766 shares. Meag Munich Ergo Kapitalanlagegesellschaft MBH increased its position in shares of BlackBerry Limited by 3.1% in the first quarter. Sterne Agee CRT initiated the stock with "Neutral" rating in Tuesday, September 29 report. Beck Mack & Oliver LLC purchased a new stake in shares of BlackBerry Limited during the first quarter worth about $105,000. Capstone Asset Management Co. now owns 62,943 shares of the smartphone producer's stock valued at $488,000 after buying an additional 7,330 shares during the period. Finally, First Allied Advisory Services Inc. raised its stake in shares of BlackBerry Limited by 9.4% in the fourth quarter.
On the last trading day, BlackBerry Limited (BBRY) lost -2.49% closing at the price of $10.57 while the previous close of BBRY was $10.84.
The number of shares now held by investors is 530.5 Million.
Hedge funds have recently bought and sold shares of the stock.
The company reported an impressive total revenue of 1.31 Billion in the last fiscal year. BlackBerry Limited has a one year low of $6.23 and a one year high of $11.74. The company's price sits -0.84% below from its 50-day moving average of $38.57 and -3.16% below from the stock's 200-day moving average of $40.62.
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On the other hand the company has Relative Strength Index (RSI 14) of 51.01 along with Average True Range (ATR 14) of 0.43, Consequently Blackberry Limited (NASDAQ:BBRY)'s weekly and monthly volatility is 4.41%, 4.45% respectively. During the same period in the prior year, the company posted ($0.03) earnings per share. The firm had revenue of $297 million for the quarter, compared to analyst estimates of $288.45 million.
BlackBerry Limited's Quick Ratio shows the value of 2.7. The company's beta value is at 0.48.
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Raymond James "Downgrades" Blackberry Limited (NASDAQ:BBRY) in a research note issued to investors on 5/30/17 to Market Perform with price target of $0. UBS maintained it with "Neutral" rating and $7.50 target in Monday, September 28 report. BlackBerry Limited presently has a consensus rating of Hold and an average price target of $9.04. Canaccord Genuity restated a "hold" rating and issued a $8.00 target price on shares of BlackBerry Limited in a research report on Friday, March 31st. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover BBRY having a buy-equivalent rating.
BlackBerry Limited (BBRY) belongs to the " sector with an industry focus on ", with Mr. John S. Chen as Exec. Chairman and Chief Exec. Officer.
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