Blackbird (LON:BIRD) Trading 2% Higher – Should You Buy?

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

Blackbird Trading Up 2.2%

The firm has a fifty day moving average price of GBX 2.43 and a 200 day moving average price of GBX 2.54. The firm has a market cap of £11.05 million, a PE ratio of -3.77 and a beta of 0.79.

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.