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Home» APPS» Blackberry»BlackBerry Ltd (NASDAQ:BBRY) Latest News Update – 20 June 2016

BlackBerry Ltd (NASDAQ:BBRY) Latest News Update – 20 June 2016

Saheli 17 Jul 2016 Blackberry Comments Off on BlackBerry Ltd (NASDAQ:BBRY) Latest News Update – 20 June 2016 1 Views

BlackBerry Ltd

During the most recent trading day, the stock’s price shifted up +17.62 percent from its 52-week-low while -25.90 percent lower from its 52-week high.

Shares of company were moving below of 50 days simple moving average with -0.02% while 200 days simple moving average with -5.24%.

BlackBerry Ltd generated a return on investment of -3.30% in past 12 months and return on equity of -6.10% for similar period.

The Company’s Net profit margin was -9.60% while gross profit margin was 45.60%.

The share price of BlackBerry Ltd (NASDAQ:BBRY) declined -23.14 percent for the year. YTD, the current share price of the stock is below -24.46 percent.  According to TheSequitur.com, I will state right in the beginning my view that Blackberries continue to be the leaders when it comes to security, data efficiency, reliability and and practicality. My company-issued Blackberry does not do games very well and I’m not using it to play movies (I prefer the 73″ screen in the living room for that) but it’s amazingly good when it comes to getting my email and quickly composing new messages or replying to the incoming. BlackBerry Bold 9900 unlocked phone also great at integrating the enterprise email with any Web email services I’m using, Bluetooth-paired devices and the phone features be they 4G or Wi-Fi.

Current Bold users should be happy and almost certainly happier with the 9900 because this is very much the ‘old’ Bold only sleeker, faster or, in other words… bolder. When it comes to new users, it’s a crowded marketplace out there. Those who prefer great physical keyboards may want to look into this Bold because you could hardly find a better ‘phone’ keyboard anywhere and that includes other Blackberries. I am currently a Torch user but I’ve been given the opportunity to try out a couple of the newer models: this new Bold and the new Torch 9810. I will confess that I personally prefer the new Torch to the new Bold because I prefer a slightly larger screen but, in fairness, few phones come close to the new Bold when the factors considered are elegance, the quality of the build and, naturally, the keyboard. TheSequitur.com Report

According to channelnewsasia, Businesses are set to spend more on mobile Internet advertising than for ads seen via desktop computers for the first time in 2017, forecaster ZenithOptimedia said on Monday, a year earlier than it had previously predicted.

Zenith said it expected companies around the world to spend US$99.3 billion on mobile Internet advertising in 2017, or 2 percent more than the amount it expects to be spent on ads seen on web pages on desktop computers.

“We now expect desktop advertising to decline for the rest of our forecast period: by 0.9 percent in 2016, 0.4 percent in 2017 and 6 percent in 2018,” ZenithOptimedia said.

ZenithOptimedia, owned by France’s Publicis, cut back its expectation for growth in global advertising this year for the second time to 4.1 percent from a previous forecast of 4.6 percent in March.

Shares of BlackBerry Ltd (NASDAQ:BBRY) gained 1.45% to $7.01 on Friday. The share price is trading in a range of 6.90 – 7.07 (Price in Dollars). The stock exchanged hands with 4,110,750 shares contrast to its average daily volume of 4,439,910 shares.

[Source:- Money News]

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Posted by : Saheli
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