Xerox Corp (NYSE:XRX), BlackBerry Ltd (NASDAQ:BBRY)
- Author: Zachary Reyes Jun 16, 2017,
Jun 16, 2017, 18:39
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, Davidson & Garrard Inc has 0.05% invested in the company for 11,984 shares. Meag Munich Ergo Kapitalanlagegesellschaft MBH increased its position in shares of BlackBerry Limited by 3.1% in the first quarter. As per Tuesday, November 24, the company rating was initiated by Piper Jaffray. Nine Chapters Capital Management LLC purchased a new stake in BlackBerry Limited during the first quarter valued at $137,000. Banc Funds Co Llc owns 176,476 shares or 0.12% of their U.S. portfolio. Finally, First Allied Advisory Services Inc. raised its stake in shares of BlackBerry Limited by 9.4% in the fourth quarter. Bank of Montreal Can now owns 5,640,607 shares of the smartphone producer's stock valued at $43,715,000 after buying an additional 113,419 shares during the period.
Imperial Capital maintained BlackBerry Ltd (NASDAQ:BBRY) rating on Tuesday, September 29. It is meant to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The company has market cap of $5.71 billion. BlackBerry Limited has a 1-year low of $6.23 and a 1-year high of $11.74. The firm's 50-day moving average price is $10.27 and its 200-day moving average price is $8.14. BlackBerry Ltd (NASDAQ:BBRY)'s total market worth is $5.58B along with 531.48M outstanding shares. The stock spiked 9.76% last month and is up 53.41 this year. The business had revenue of $297 million for the quarter, compared to analysts' expectations of $288.45 million. BlackBerry Limited had a negative net margin of 91.29% and a negative return on equity of 2.16%. The company's revenue for the quarter was down 39.0% compared to the same quarter previous year. Beta factor was calculated at 0.97.
Analysts await BlackBerry Ltd (NASDAQ:BBRY) to report earnings on June, 22.
TRADEMARK VIOLATION WARNING: This piece of content was first reported by Markets Daily and is the property of of Markets Daily. If you are viewing this story on another domain, it was stolen and reposted in violation of United States and global trademark and copyright laws. The stock of BlackBerry Ltd (NASDAQ:BBRY) has "Hold" rating given on Monday, April 3 by Canaccord Genuity. Analysts reported that the Price Target for BlackBerry Limited might touch $11.8 high while the Average Price Target and Low price Target is $8.98 and $7 respectively.
Now the shares of BlackBerry Limited (BBRY) has a trading volume of 5.48 Million shares, with an average trading volume of 9580 shares - with shares dropping to a 52 week low of $6.23, and the company's shares hitting a 52 week high of $ 11.74. On Friday, September 4 the stock rating was maintained by Oppenheimer with "Hold".
In terms of Buy, Sell or Hold recommendations, Blackberry Limited (NASDAQ:BBRY) has analysts' mean recommendation of 2.9. The company has a consensus rating of "Hold" and an average target price of $9.04.
In case of Revenue Estimates, 12 analysts have provided their consensus Average Revenue Estimates for BlackBerry Limited as 264.51 Million. The Canadian company, which has stopped making handsets to focus on security and productivity tools for smartphones, has partnered with United Kingdom technology company VoxSmart to offer financial services companies a new way of monitoring instant messages.