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

Blackbird plc (LON:BIRD – Get Free Report) reached a new 52-week high during trading on Monday. The company traded as high as GBX 4.50 and last traded at GBX 4.14, with a volume of 2,756,072 shares trading hands. The stock had previously closed at GBX 3.70.

Blackbird Trading Up 12.0%

The firm’s 50 day simple moving average is GBX 1.95 and its 200-day simple moving average is GBX 1.92. The company has a market capitalization of £19.91 million, a price-to-earnings ratio of -7.68 and a beta of 0.83.

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

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.

Featured Articles

Receive News & Ratings for Blackbird Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackbird and related companies with MarketBeat.com's FREE daily email newsletter.