Blackbird plc (LON:BIRD – Get Free Report)’s stock price shot up 25.7% on Monday. The company traded as high as GBX 4 and last traded at GBX 3.80. 1,596,838 shares changed hands during trading, an increase of 37% from the average session volume of 1,169,165 shares. The stock had previously closed at GBX 3.02.
Blackbird Trading Up 8.1%
The stock has a 50-day simple moving average of GBX 1.80 and a 200 day simple moving average of GBX 1.89. The stock has a market capitalization of £19.21 million, a price-to-earnings ratio of -7.41 and a beta of 0.83.
Blackbird (LON:BIRD – Get Free Report) last issued its quarterly earnings results on Monday, September 28th. The company reported GBX (0.32) EPS for the quarter. Blackbird had a negative return on equity of 39.59% and a negative net margin of 189.99%.
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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