Blackbird (LON:BIRD) Hits New 52-Week Low – What’s Next?

Blackbird plc (LON:BIRD) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 1.62 and last traded at GBX 1.98, with a volume of 535488 shares trading hands. The stock had previously closed at GBX 1.95.

Blackbird Stock Down 0.6%

The stock has a market capitalization of £9.07 million, a P/E ratio of -3.10 and a beta of 0.80. The company has a fifty day moving average price of GBX 2.22 and a 200-day moving average price of GBX 2.37.

Blackbird (LON:BIRD) last released its quarterly earnings results on Monday, March 23rd. The company reported GBX (0.62) earnings per share for the quarter. Blackbird had a negative net margin of 158.32% and a negative return on equity of 34.87%.

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.