Blackbird (LON:BIRD) Shares Down 2.2% – Here’s What Happened

Blackbird plc (LON:BIRD) dropped 2.2% during trading on Friday . The stock traded as low as GBX 4.88 ($0.06) and last traded at GBX 4.89 ($0.06). Approximately 1,255,177 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 1,061,911 shares. The stock had previously closed at GBX 5 ($0.06).

Blackbird Stock Down 2.2 %

The firm has a market capitalization of £18.93 million, a P/E ratio of -489.00 and a beta of 0.79. The firm’s 50 day moving average is GBX 5.70 and its two-hundred day moving average is GBX 6.02. The company has a debt-to-equity ratio of 0.33, a current ratio of 7.12 and a quick ratio of 10.80.

Blackbird Company Profile

Blackbird plc develops and operates a cloud-based video editing and publishing software platform under the Blackbird name in the United Kingdom, rest of Europe, North America, and internationally. The company's platform is used for video viewing, editing, and publishing. It serves news, sports, entertainment, and other sectors.