Blackbird (LON:BIRD) Stock Price Up 4.2% – Should You Buy?

Shares of Blackbird plc (LON:BIRD) were up 4.2% on Thursday . The company traded as high as GBX 2.50 ($0.03) and last traded at GBX 2.50 ($0.03). Approximately 120,326 shares were traded during trading, a decline of 79% from the average daily volume of 579,034 shares. The stock had previously closed at GBX 2.40 ($0.03).

Blackbird Stock Performance

The stock has a market capitalization of £11.45 million, a PE ratio of -409.84 and a beta of 0.79. The stock has a 50-day moving average price of GBX 2.71 and a two-hundred day moving average price of GBX 3.46.

About Blackbird

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.