Blackbird (LON:BIRD) Reaches New 52-Week Low – Time to Sell?

Blackbird plc (LON:BIRDGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as GBX 1.70 and last traded at GBX 2.30, with a volume of 289530 shares traded. The stock had previously closed at GBX 2.30.

Blackbird Trading Down 0.1%

The stock’s fifty day simple moving average is GBX 2.24 and its 200 day simple moving average is GBX 2.43. The company has a market cap of £11.04 million, a price-to-earnings ratio of -3.77 and a beta of 0.79.

About Blackbird

(Get Free Report)

Blackbird plc operates in the fast-growing SaaS, Media and Entertainment and content creation markets. Blackbird plc’s patented technology allows for frame accurate navigation, playback, viewing and editing in the cloud and it has two products.

BlackbirdⓇ a market leading suite of cloud-native computing applications, is used by rights holders, broadcasters, sports and news video specialists, live events and content owners, post production houses, other mass market digital video channels and corporations.

elevate.io is the company’s new browser-based collaborative content creation platform currently in general release.

Recommended Stories

Receive News & Ratings for Blackbird Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackbird and related companies with MarketBeat.com's FREE daily email newsletter.