The Waterloo, Ontario- based Research In Motion Limited (USA) (NASDAQ:RIMM) reported that it will soon be set to license the corporation’s new BlackBerry 10 operating system to other producers, even as it races to report its own gadgets with the software by early coming year.
Chief Executive Officer Thorsten Heins reported on Monday that the latest platform was in the final stages of testing and Research in Motion was now considering how other corporations may be able to use it in a range of products.
Thorsten Heins, who has started to carry a BB10 phone for his own use, reported in an interview at Bloomberg’s headquarters in New York that QNX was previously licensed across the automotive sector.
Shifting readers focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. Nokia Corporation (ADR) (NYSE:NOK) fell -5.43% to settle at $2.61, Ericsson (ADR) (NASDAQ:ERIC) moved down -1.74% to end at $9.60 while Cobra Electronics Corporation (NASDAQ:COBR) decreased -1.07% to finish on Monday at $4.60.
Research In Motion Limited (USA) (NASDAQ:RIMM) last session volume of 18.21 million shares was surprisingly lower than its average volume of 24.45 million shares. The stock after opening at $8.32 hit high price of $8.39 and then closed at $8.07 by scoring -2.65%.
The liquidity measure in recent quarter results of the company was recorded 2.06 as current ratio and on the other side the debt to equity ratio was 0.00 and long-term debt to equity ratio also remained 0.00. The Company had total cash at hand $1.94 billion and a book value per share as $18.61 in the most recent quarter.
The stock price volatility was 6.67% for a week and 5.29% for a month as well as price volatility’s Average True Range for 14 days was 0.43 and its beta remained 1.71.
RIMM generated revenue of 16.34 billion in the following twelve months and earned $-49.00 million. The Company showed a negative -0.30% in the net profit margin and as well as in its operating margin which remained -0.31%. Company’s annual sales growth for the past five years was +43.43%.
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