Blackbird (LON:BIRD) Sets New 52-Week Low – What’s Next?

Shares of Blackbird plc (LON:BIRDGet Free Report) reached a new 52-week low on Friday . The stock traded as low as GBX 1.30 and last traded at GBX 1.58, with a volume of 290257 shares trading hands. The stock had previously closed at GBX 1.50.

Blackbird Price Performance

The firm has a market capitalization of £7.57 million, a PE ratio of -2.54 and a beta of 0.94. The business’s 50-day moving average price is GBX 1.72 and its 200-day moving average price is GBX 1.95.

Blackbird Company Profile

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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.

Further Reading

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