Blackbird plc (LON:BIRD – Get Free Report)’s stock price dropped 11.1% during trading on Wednesday. The company traded as low as GBX 3 and last traded at GBX 3.11. 1,844,654 shares traded hands during trading, an increase of 57% from the average daily volume of 1,175,058 shares. The stock had previously closed at GBX 3.50.
Blackbird Price Performance
The company has a market cap of £14.94 million, a price-to-earnings ratio of -5.76 and a beta of 0.83. The business’s fifty day moving average price is GBX 1.59 and its 200 day moving average price is GBX 1.71.
Blackbird (LON:BIRD – Get Free Report) last posted its quarterly earnings data 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%.
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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