Blackbird (LON:BIRD) Reaches New 12-Month Low – What’s Next?

Blackbird plc (LON:BIRD)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as GBX 3.26 ($0.04) and last traded at GBX 3.59 ($0.05), with a volume of 525702 shares traded. The stock had previously closed at GBX 3.75 ($0.05).

Blackbird Price Performance

The company has a market capitalization of £14.14 million, a PE ratio of -5.83 and a beta of 0.79. The business’s 50 day simple moving average is GBX 4.65 and its 200 day simple moving average is GBX 5.63.

Blackbird (LON:BIRD) last released its quarterly earnings data on Tuesday, March 4th. The company reported GBX (0.61) (($0.01)) EPS for the quarter. Blackbird had a negative net margin of 147.18% and a negative return on equity of 28.27%.

Blackbird Company Profile

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.