Blackbird plc (LON:BIRD – Get Free Report) shares rose 10.2% during mid-day trading on Wednesday. The company traded as high as GBX 2 and last traded at GBX 1.82. 10,374,202 shares changed hands during mid-day 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 Stock Performance
The company has a market cap of £8.73 million, a P/E ratio of -2.93 and a beta of 0.90. The stock has a 50-day moving average of GBX 1.35 and a two-hundred day moving average of GBX 1.67.
Blackbird (LON:BIRD – Get Free Report) last announced its quarterly earnings data on Monday, September 28th. The company reported GBX (0.32) earnings per share for the quarter. Blackbird had a negative return on equity of 40.32% and a negative net margin of 188.48%.
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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