Blackbird (LON:BIRD) Stock Price Up 5.6%

Blackbird plc (LON:BIRDGet Free Report)’s stock price traded up 5.6% during trading on Monday . The company traded as high as GBX 5.28 ($0.07) and last traded at GBX 5.28 ($0.07). 294,789 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 853,400 shares. The stock had previously closed at GBX 5 ($0.06).

Blackbird Price Performance

The firm has a market capitalization of £24.17 million, a price-to-earnings ratio of -575.00 and a beta of 0.87. The stock’s fifty day moving average price is GBX 4.90 and its two-hundred day moving average price is GBX 5.89. The company has a current ratio of 6.57, a quick ratio of 10.80 and a debt-to-equity ratio of 0.33.

Insider Buying and Selling

In related news, insider Ian McDonough bought 157,893 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The shares were purchased at an average cost of GBX 4 ($0.05) per share, with a total value of £6,315.72 ($7,988.52). 25.72% of the stock is owned by company insiders.

About Blackbird

(Get Free Report)

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.

Further Reading

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