Blackbird (LON:BIRD) Sets New 12-Month Low – Time to Sell?

Blackbird plc (LON:BIRDGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 1.30 and last traded at GBX 1.41, with a volume of 1037172 shares traded. The stock had previously closed at GBX 1.31.

Blackbird Stock Up 7.7%

The company has a market capitalization of £6.78 million, a PE ratio of -2.28 and a beta of 0.94. The firm’s 50-day moving average is GBX 1.65 and its 200-day moving average is GBX 1.90.

Blackbird Company Profile

(Get Free Report)

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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