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BlackBerry (BB) Catches Eye: Stock Jumps 8%

Zacks Equity Research
·2-min read

BlackBerry Limited BB was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.58 to $9.11 in the past one-month time frame.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

BlackBerry currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

BlackBerry Limited Price

BlackBerry Limited Price
BlackBerry Limited Price

BlackBerry Limited price | BlackBerry Limited Quote

Another stock worth considering in the Wireless Non-US industry is Vodafone Group PLC VOD which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Vodafone Group PLC (VOD) : Free Stock Analysis Report
 
BlackBerry Limited (BB) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research