Blackbird (LON:BIRD) Hits New 1-Year High – What’s Next?

Blackbird plc (LON:BIRD – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday. The company traded as high as GBX 4.50 and last traded at GBX 3.35, with a volume of 13,446,662 shares traded. The stock had previously closed at GBX 2.30.

Blackbird Price Performance

The stock’s 50-day moving average is GBX 1.41 and its 200 day moving average is GBX 1.66. The company has a market cap of £16.07 million, a PE ratio of -6.19 and a beta of 0.83.

Blackbird (LON:BIRD – Get Free Report) last announced its earnings results on Monday, September 28th. The company reported GBX (0.32) earnings per share for the quarter. Blackbird had a negative net margin of 189.99% and a negative return on equity of 39.59%.

Blackbird Company Profile

(Get Free Report)

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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