Today’s Research Reports on Trending Tickers: BlackBerry and Facebook

NEW YORK, NY / ACCESSWIRE / March 7, 2018 / U.S. markets had a topsy-turvy day as concerns of a potential trade war, a result of tariffs proposed by President Donald Trump, continue to worry investors. The Dow Jones Industrial Average hit a low of 24,708.41, before settling to close at 24,884.12, an increase of 0.04 percent, while the S&P 500 Index hit a low of 2,711.26, before settling to close at 2,728.12, an increase of 0.26 percent. Major Indexes fell in Tuesday trading after Bloomberg News reported President Trump believes top economic advisor Gary Cohn could resign due to the new proposed tariffs on imports of steel and aluminum.

RDI Initiates Coverage on:

BlackBerry Limited
https://rdinvesting.com/news/?ticker=BB

Facebook, Inc.
https://rdinvesting.com/news/?ticker=FB

BlackBerry Limited’s stock edged 0.40% higher Tuesday, to close the day at $12.44. The stock recorded a trading volume of 3,548,392 shares, which was below its three months average volume of 6,355,179 shares. In the last year, BlackBerry Limited’s shares have traded in a range of 6.65 – 14.55. The share price has gained 87.07% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $12.53 is greater than its 200-day moving average of $11.13. Shares of BlackBerry Limited are trading at a Price to Earnings ratio of 18.48. Shares of BlackBerry Limited have gained roughly 3.67 percent in the past month and are up 11.37 percent year-to-date.

Access RDI’s BlackBerry Limited Research Report at:
https://rdinvesting.com/news/?ticker=BB

On Tuesday, shares of Facebook, Inc. recorded a trading volume of 15,086,784 shares, which was below the three months average volume of 22,064,193 shares. The stock ended the day 0.34% lower at 179.78. The share price has gained 31.24% from its 52-week low with a 52-week trading range of 136.99 – 195.32. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $181.59 is greater than its 200-day moving average of $177.01. Shares of Facebook, Inc. are trading at a Price to Earnings ratio of 33.35. Shares of Facebook have fallen roughly 2.98 percent in the past month and are up 1.88 percent year-to-date.

Access RDI’s Facebook, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=FB

Our Actionable Research on BlackBerry Limited (NYSE:BB) and Facebook, Inc. (NASDAQ:FB) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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