The Canadian smartphone maker Research In Motion Ltd (NASDAQ:BBRY) is just near to launch an update for its BB 10 operating system, the BB 10.1.The new update is said to have a variety of improvements and new features.
The developers started reporting multiple new features and improvements after they got access to Bundle 1485 of the operating system.There are a group of new tweaks including an improved text picker, the ability to fully unlock the phone at lock screen with the power button.
The OS update involves a new feature to take photos in HDR mode in addition to PIN to PIN messaging functionality. The update is a necessary move in order to keep the BlackBerry phones competitive against competitors like Apple and Google’s Android devices.The company still not provided the official release date for the new software.
Coming to the stock performance; Research In Motion Ltd (NASDAQ:BBRY) in last trading session end up at $13.99 by rising 1.08% with the traded volume of 19.25 million shares which is down from the average volume of 50.60 million shares.
The stock price saw week’s volatility of 4.12% and month’s volatility is 4.96%, while the stock price of the company is moving down from its 20 days moving average with -2.80% and isolated negatively from 50 days moving average with -2.72%.
Looking at Analytic Ratios; the price to sales ratio of BBRY in past twelve months was calculated as 0.58 and price to cash ratio as 2.69. Company return on equity ratio is recorded as -8.67% and its return on assets is -6.35%, and return on investment is -8.45%.