Blackbird (LON:BIRD) Stock Price Up 15.8% – Time to Buy?

Blackbird plc (LON:BIRDGet Free Report) shares rose 15.8% on Friday . The company traded as high as GBX 5.50 ($0.07) and last traded at GBX 5.50 ($0.07). Approximately 881,948 shares traded hands during trading, an increase of 55% from the average daily volume of 568,645 shares. The stock had previously closed at GBX 4.75 ($0.06).

Blackbird Stock Up 15.8 %

The firm has a market capitalization of £21.78 million, a price-to-earnings ratio of -8.97 and a beta of 0.79. The business’s 50-day simple moving average is GBX 4.86 and its two-hundred day simple moving average is GBX 5.72.

About Blackbird

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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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