Shares of Blackbird plc (LON:BIRD – Get Free Report) traded up 10.2% on Wednesday. The company traded as high as GBX 2 and last traded at GBX 1.82. 10,374,202 shares were traded during trading, an increase of 1,140% from the average daily volume of 836,947 shares. The stock had previously closed at GBX 1.65.
Blackbird Price Performance
The company’s 50 day moving average price is GBX 1.35 and its two-hundred day moving average price is GBX 1.67. The firm has a market cap of £8.40 million, a PE ratio of -2.82 and a beta of 0.90.
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 net margin of 188.48% and a negative return on equity of 40.32%.
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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