Blackbird plc (LON:BIRD – Get Free Report) dropped 11.1% during trading on Wednesday. The stock traded as low as GBX 3 and last traded at GBX 3.11. Approximately 1,844,654 shares were traded during mid-day trading, an increase of 57% from the average session volume of 1,175,058 shares. The stock had previously closed at GBX 3.50.
Blackbird Stock Down 7.1%
The firm has a fifty day moving average of GBX 1.66 and a 200-day moving average of GBX 1.74. The firm has a market cap of £14.49 million, a P/E ratio of -5.59 and a beta of 0.83.
Blackbird (LON:BIRD – Get Free Report) last issued its earnings results on Monday, September 28th. The company reported GBX (0.32) EPS for the quarter. Blackbird had a negative net margin of 189.99% and a negative return on equity of 39.59%.
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.
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