BlackBerry Limited (TSE:BB – Get Free Report) (NASDAQ:BBRY) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.64 and traded as high as C$6.06. BlackBerry shares last traded at C$5.94, with a volume of 3,679,374 shares trading hands.
Analysts Set New Price Targets
Separately, TD Securities upgraded BlackBerry from a “hold” rating to a “strong-buy” rating in a report on Friday, December 20th.
Get Our Latest Stock Report on BlackBerry
BlackBerry Stock Up 3.3 %
Insider Transactions at BlackBerry
In other news, Senior Officer Marjorie Jill Dickman sold 5,558 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of C$5.26, for a total transaction of C$29,248.42. Corporate insiders own 1.70% of the company’s stock.
BlackBerry Company Profile
BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylanceENDPOINT, an integrated endpoint security solution; CylanceGUARD, a managed detection and response solution; CylanceEDGE, an AI-powered continuous authentication zero trust network access solution; CylanceINTELLIGENCE, a contextual cyber threat intelligence service; BlackBerry Dynamics offers a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice and video; BlackBerry SecuSUITE is a certified, multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions.
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