Closing Bell: Blackberry Ltd down on Wednesday (BB)

In today's trading, Blackberry Ltd shares closed at $2.90 after opening the day at $3.03. prices ranged from $2.89 to $3.06.

Share prices dipped -3.01 percent from the previous day's close of $2.99.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

Blackberry Ltd traded under BB on the Toronto Stock Exchange (TSX).

A total of 1,601,140 shares was traded during the last trading day, with total trades of 2,169, while having an average volume of 1,497,323 in the last five days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, BB.TO has traded as high as $7.82 (September 01,2023) and low as $2.89 (August 07,2024). Moreover, the shares have shrunken -54.47 percent in the last year, while they have shrunken -38.30% since the start of 2024.

It announced a 0.26 dividend on August 19/99, with an September 08/99 ex-date and January 01/70 pay day.

Following today's trading, Blackberry Ltd has a market capitalization of $1.76 billion on a float of 590,173 shares outstanding. Its annual EPS is $-0.27.

Blackberry Ltd is a TSX Software company headquartered in Waterloo, CAN.

Currently, Blackberry Ltd's consensus rating is "Hold" based on 6 analysts according to Zacks. From those 6 analysts, 1 have buy ratings and 5 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..