Blackbird (LON:BIRD) Reaches New 52-Week Low – Here’s What Happened

Blackbird plc (LON:BIRDGet Free Report) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 0.90 and last traded at GBX 1.03, with a volume of 1680072 shares changing hands. The stock had previously closed at GBX 1.10.

Blackbird Stock Down 5.9%

The stock has a market capitalization of £4.97 million, a P/E ratio of -1.67 and a beta of 0.93. The company has a fifty day moving average price of GBX 1.51 and a 200-day moving average price of GBX 1.81.

About Blackbird

(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.

Further Reading

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