Blackbird (LON:BIRD) Reaches New 52-Week High – Here’s Why

Blackbird plc (LON:BIRD – Get Free Report) hit a new 52-week high during mid-day 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 traded. The stock had previously closed at GBX 3.70.

Blackbird Stock Up 12.0%

The company has a market cap of £19.91 million, a PE ratio of -7.68 and a beta of 0.83. The stock’s 50 day simple moving average is GBX 1.95 and its two-hundred day simple moving average is GBX 1.92.

Blackbird (LON:BIRD – Get Free Report) last posted its 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

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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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