Blackbird (LON:BIRD) Stock Price Up 12.7% – Here’s What Happened

Blackbird plc (LON:BIRDGet Free Report) traded up 12.7% on Thursday . The company traded as high as GBX 4.93 ($0.06) and last traded at GBX 4.93 ($0.06). 461,657 shares traded hands during trading, a decline of 16% from the average session volume of 547,993 shares. The stock had previously closed at GBX 4.38 ($0.06).

Blackbird Trading Down 4.9 %

The business’s 50-day simple moving average is GBX 4.88 and its 200 day simple moving average is GBX 5.79. The firm has a market cap of £18.83 million, a PE ratio of -7.76 and a beta of 0.79.

Blackbird Company Profile

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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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