Blackbird (LON:BIRD) Stock Price Down 27% – What’s Next?

Blackbird plc (LON:BIRDGet Free Report)’s stock price traded down 27% during mid-day trading on Tuesday . The company traded as low as GBX 4.17 ($0.05) and last traded at GBX 4.38 ($0.06). 1,851,262 shares traded hands during trading, an increase of 199% from the average session volume of 620,137 shares. The stock had previously closed at GBX 6 ($0.08).

Blackbird Trading Down 26.0 %

The firm has a market cap of £17.58 million, a PE ratio of -7.25 and a beta of 0.79. The business has a fifty day moving average of GBX 4.93 and a 200-day moving average of GBX 5.73.

Blackbird (LON:BIRDGet Free Report) last released its quarterly earnings results on Tuesday, March 4th. The company reported GBX (0.61) (($0.01)) earnings per share for the quarter. Blackbird had a negative return on equity of 28.27% and a negative net margin of 147.18%.

About Blackbird

(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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