Company Shares of BlackBerry Limited Rally 1.04%
by Andrew Jensen
July 19, 2015
"Shares of BlackBerry Limited (NASDAQ:BBRY) appreciated by 1.04% during the past week but lost 12.8% on a 4-week basis. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 1.34%. BlackBerry Limited (NASDAQ:BBRY) has underperformed the index by 13.48% in the last 4 weeks. Investors should watch out for further signals and trade with caution. BlackBerry Limited has dropped 21.44% during the last 3-month period . Year-to-Date the stock performance stands at -29.23%.
The company shares have dropped -22.30% from its 1 Year high price. On Jan 14, 2015, the shares registered one year high at $12.63 and the one year low was seen on Jul 10, 2015. The 50-Day Moving Average price is $8.73 and the 200 Day Moving Average price is recorded at $9.76.
Currently the company Insiders own 4.99% of BlackBerry Limited Company shares. In the past six months, there is a change of 0% in the total insider ownership. Institutional Investors own 51.8% of Company shares. During last 3 month period, 0.23% of total institutional ownership has changed in the company shares.
Shares of BlackBerry Limited (NASDAQ:BBRY) ended Friday session in red amid volatile trading. The shares closed down 0.01 points or 0.13% at $7.77 with 4,503,189 shares getting traded. Post opening the session at $7.82, the shares hit an intraday low of $7.73 and an intraday high of $7.87 and the price vacillated in this range throughout the day. The company has a market cap of $4,115 million and the number of outstanding shares have been calculated to be 529,657,000 shares. The 52-week high of BlackBerry Limited (NASDAQ:BBRY) is $12.63 and the 52-week low is $7.61.
BlackBerry Limited, formerly Research In Motion Limited, is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services, it provides platforms and solutions for seamless access to information, including e-mail, voice, instant messaging, short message service (SMS), Internet and intranet-based applications and browsing. The Companys technology also enables an array of third party developers and manufacturers to enhance their products and services through software development kits, wireless connectivity to data and third-party support programs. In September 2014, the Company acquired Movirtu, provider of virtual identity solutions for mobile operators that allows multiple numbers to be active on single device.