Blackbird (LON:BIRD) Sets New 1-Year Low – Here’s Why

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

Blackbird Price Performance

The company’s 50-day simple moving average is GBX 1.63 and its 200-day simple moving average is GBX 1.89. The stock has a market capitalization of £6.77 million, a P/E ratio of -2.27 and a beta of 0.94.

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.