Blackbird (LON:BIRD) Shares Up 14.1% – What’s Next?

Shares of Blackbird plc (LON:BIRDGet Free Report) traded up 14.1% on Friday . The stock traded as high as GBX 5.90 ($0.07) and last traded at GBX 5.56 ($0.07). 443,337 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 648,070 shares. The stock had previously closed at GBX 4.88 ($0.06).

Blackbird Price Performance

The stock has a market cap of £18.87 million, a P/E ratio of -487.50 and a beta of 0.79. The business has a 50 day simple moving average of GBX 6.37 and a 200-day simple moving average of GBX 5.97. The company has a debt-to-equity ratio of 0.33, a quick ratio of 10.80 and a current ratio of 7.12.

Insider Activity at Blackbird

In other news, insider Ian McDonough purchased 28,482 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was bought at an average price of GBX 7 ($0.09) per share, for a total transaction of £1,993.74 ($2,516.40). 21.00% of the stock is owned by company insiders.

Blackbird Company Profile

(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.

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