Shares of Blackbird plc (LON:BIRD – Get Free Report) shot up 9.1% during trading on Monday . The company traded as high as GBX 5.40 ($0.07) and last traded at GBX 5.40 ($0.07). 202,144 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 753,991 shares. The stock had previously closed at GBX 4.95 ($0.06).
Blackbird Stock Up 5.1 %
The business’s 50-day moving average is GBX 5.83 and its two-hundred day moving average is GBX 5.50. The firm has a market capitalization of £22.37 million, a price-to-earnings ratio of -572.50 and a beta of 0.79. The company has a debt-to-equity ratio of 0.33, a quick ratio of 10.80 and a current ratio of 6.57.
Insider Buying and Selling at Blackbird
In other news, insider Ian McDonough bought 157,893 shares of the business’s stock in a transaction on Friday, June 21st. The shares were bought at an average cost of GBX 4 ($0.05) per share, for a total transaction of £6,315.72 ($8,259.08). Insiders own 25.80% of the company’s stock.
About Blackbird
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.
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