Blackbird plc (LON:BIRD – Get Free Report) shot up 10.2% during trading on Wednesday. The stock 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 Trading Up 10.2%
The company has a market capitalization of £8.73 million, a P/E ratio of -2.93 and a beta of 0.90. The stock’s fifty day moving average is GBX 1.35 and its 200 day moving average is GBX 1.67.
Blackbird (LON:BIRD – Get Free Report) last announced 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 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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