Blackbird (LON:BIRD) Reaches New 12-Month Low – Here’s Why

Blackbird plc (LON:BIRD)’s stock price 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. The stock had previously closed at GBX 2.30.

Blackbird Trading Down 0.1%

The stock has a fifty day simple moving average of GBX 2.24 and a 200-day simple moving average of GBX 2.43. The company has a market capitalization of £11.04 million, a PE ratio of -3.77 and a beta of 0.79.

About Blackbird

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.