Blackbird (LON:BIRD) Trading Up 2% – Here’s What Happened

Blackbird plc (LON:BIRD)’s stock price traded up 2% on Tuesday . The stock traded as high as GBX 2.27 and last traded at GBX 2.25. 517,380 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 1,665,768 shares. The stock had previously closed at GBX 2.20.

Blackbird Stock Performance

The company has a market cap of £11.05 million, a PE ratio of -3.77 and a beta of 0.79. The firm’s 50 day moving average is GBX 2.43 and its 200-day moving average is GBX 2.54.

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.